Fibonacci and ABC-Wave XAU/USD 28/7/14

FX:XAUUSD   Gold Spot / U.S. Dollar
This structure shows current aims. We are on a simple a-b-c pattern. If the subdivision of the B-Wave is complete at 1280 then the following direction will decide if the C-Wave is going to be done or if the FIB Retracements will be break for a downtrend.
hi, based on Friday closing up (1st Aug), 1293-1294. From your chart, are we looking at to Long or Short… Thanks
Reply TucKinetti
The Friday closing supports this idea for a long towards 1345-1380
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