EuroMotif
Long

Gold has one more leg up to finish? XAUUSD to 1215 maybe

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Just a quick chart to see how the Fibs and EW play out

Looks like Gold is working through a micro wave 4, and will move up for wave 5 before retrace.


Comment: Gold dancing on my possible bounce line.
But not exactly an enthusiastic bounce from it :(
Wave 4's are often slow and consolidating, maybe there is hope.
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Comments

I agree with your idea!
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