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Mar 11, 2017 2:26 AM

XAUUSD an impulse wave Long

Gold/U.S. DollarFXCM

Description

It's been a straightly impulse wave (C) red since December 2015 low, with its minor wave 5 yellow started December 2016.
Now setting up for advance on retracement of correction (2) ...... soon, near 0.6182 x (1), this time targeting a long held Fib target of at least 0.6182 x (3) @ 1542.77 for the completion of a major wave (4) white.

It's trading between Fibonacci levels
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