Gold is making its C.4 wave ,which has begun from the 1182 bottom.Now we are in the C.4.B wave.This wave began in 1388.
And from 1345 the Y wave of this C.4.B wave has begun.So we are in the C.4.B.Y wave.In my graph you see the inner structure of the Y wave.
We are just making the Y.c.4 wave .
So the overall wave count from the record high is as follows: C.4.B.Y.c.4
The peak today at 1238 was probably the 4.a peak.Looking for just 1 week ahead ,I am waiting for an decrease with wave 4.b towards the 1182 level of support, which will be labeled as C.4.B.Y.c.4.b by me.
Afterwards a 4.c wave will come from 1182 level again to 1235. And then we will remark the 5. wave from 1235 to the region of 1150, which is the bottom of the B wave,and thereafter the C wave towards 1480 will come.
That's all about the yellow girl.. :)
And from 1345 the Y wave of this C.4.B wave has begun.So we are in the C.4.B.Y wave.In my graph you see the inner structure of the Y wave.
We are just making the Y.c.4 wave .
So the overall wave count from the record high is as follows: C.4.B.Y.c.4
The peak today at 1238 was probably the 4.a peak.Looking for just 1 week ahead ,I am waiting for an decrease with wave 4.b towards the 1182 level of support, which will be labeled as C.4.B.Y.c.4.b by me.
Afterwards a 4.c wave will come from 1182 level again to 1235. And then we will remark the 5. wave from 1235 to the region of 1150, which is the bottom of the B wave,and thereafter the C wave towards 1480 will come.
That's all about the yellow girl.. :)