iAndi

GOLD 5 waves correction

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
For the current chart to be confirmed we would have to reach 1450.00 area on gold by the end of this year or early next year.

Gold is currently on a small pullback for a 3rd waves on it's correction.
Last night we had a big impulse where gold started it's retracement back up. If you didn't enter on that impulse last night now there is a chance to enter.
Our goal for this year would be close to 1450.00 area on Gold. If you are a long term commodities trader then you might want to go in.

The current chart is simply a weekly forecast. DO NOT trade the whole pattern if you are not experienced or do not have the knowledge.
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