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GOLD Can Bounce From 1100 Area For All Time High

FX:XAUUSD   Gold Spot / U.S. Dollar
416 1 8
GOLD             Topped around 1925 at life time high. Then GOLD             Fell sharply but limited to 3 waves. Blue Wave (C) is in progress. We can clearly see ending diagonal on 5th wave which is an important indicator of trend reversal. With this in mind, we can predict that GOLD             could bounce strong to the upside from low in days ahead.
Wave 4 was a ABC Flat which ended at 1400. Now the wave iii of 5 in progress. The bottom is 1065 area.
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