But what you are seeing in this post is that I still expect that Gold is not finished with this wave ( iii ) rally its been on and is still headed higher. My wave analysis shows that it is currently in a wave iv of that wave ( iii ) and could very well be forming a wave iv triangle. And that triangle could very well be near completion. That means that the wave v of ( iii ) could get underway very soon and if the triangle measurements are correct, the wave v could be worth over +200 pips more in profit! That means when this wave ( iii ) is done with, my current trade could be up +800 pips in profit! Combined with the previous trade already closed, that would be +1,600 pips in profit. Not too shabby, huh? If you had received my trade alert back in November last year, you would be in the same position.
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