Elliot Wave Analysis

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has finally closed above the major 4th Wave(Cayan).
It's tried numerous times & failed (This is huge) In
otherwards we are going to be Bullish here for
quite some time! On the other side of the coin,
I am expecting a correction downwards first. Perhaps a
Selling oppurtunity? (Against the Trend) On this chart
I've marked out the strongest lines in Cayan. Believe they are
the most important! Anyways... Trade safe and enjoy your week!!!

Cheers, T Henry.
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