Gold: final impulse (downwards) of the bigger structure Long

FX:XAUUSD120

Gold/U.S. DollarFXCM

Description

⋅ May 24, 2016 4:33 AM

Targeting 1330-1350 after this final leg...

Comments

mater

⋅ May 25, 2016 8:03 PM

mater

⋅ May 25, 2016 8:03 PM

OK, this final Impulse W5 turned out to be an extended one and ended at 1217.

We've completed the final correction with this one and started the bull cycle for 1330-1350 range before a final leg towards 1000 range on Monthly TF. Also posting the Dollar index confirming the move...