TradingView
nick.holland78
Jun 29, 2016 9:49 PM

XAUUSD - 15m Long

Gold/U.S. DollarFXCM

Description

Gold hasn't broken out strongly like silver. I'd expect silver to lead in the 3rd wave rally, but gold retains the potential for a deeper correction in wave (c) of ((ii)) (see white count), or perhaps in a deeper 2 (yellow). Over the resistance region, I'll be looking for wave (iii) targets shown on larger time frames.
More