JigneshDavda

Gold Completes Correction from 1918 Highs @ 1070

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold has been in a large correction down since late 2011. The Wave count shows the double correction down has been completed. Wave C of Wave Y started late 2013 and unfolded as a double correction, the substructure shows that the first leg down was a regular correction where the second leg from the (x) wave unfolded as a double correction.

The expectation from here is for Gold to continue it's long term bullish trend.

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