FX:XAUUSD   Gold/U.S. Dollar
141 1 4
I think after a 5 wave decline for Wave A, we had witnessed a corrective Wave B which seemingly ended tonight and Wave C has begun. I project this wave C to end in the 1060 to 1063 region where:

1- Inv AB=CD
2- AB=CD
3- Bottom area of the channel

Good luck,

Ali Sharif Azadeh, CFTe

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very nice analysis dadash. i think when ever move on bullish channel it could not go down. it should be have evidence to change ways for bearish. thanks.
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