Gold price broke above peak of $1813 and right now it is doing a double correction in WXY Corrective Wave structure from the low of $1682.
From low of $1721, price ended with WXY structure at the top of $1813 before pulling back in 7 swings to make X at the low of $1758. Currently price is making 5 waves climb from low of $1758 to form wave (A) and could be ending soon before a pullback to make wave (B) of (Y) before resuming the climb towards 100% fibonacci extension at $1872 to complete wave (C) of (Y).
From low of $1721, price ended with WXY structure at the top of $1813 before pulling back in 7 swings to make X at the low of $1758. Currently price is making 5 waves climb from low of $1758 to form wave (A) and could be ending soon before a pullback to make wave (B) of (Y) before resuming the climb towards 100% fibonacci extension at $1872 to complete wave (C) of (Y).
