GOLD Short 200 sma bounce

FX:XAUUSD   Gold Spot / U.S. Dollar
Anybody disagree or have any other ideas?
OK strong break out to the north, other ideas?
yes i have another idea
it looks like its in elliot wave form now and its on its 3rd wave usually the longest
uperth Trading00007
Thank you very much, so quite some movement to the north and than just a correction and further up? In other words are we in a long or short trend in the long run?
yes long in the long run, it crossed the 200 sma on the dialy chart and you can also see it also made a big needle 3 days ago, so im expecting it to go long for some time
oh wait i thought we were talking about oil, but same thing on gold they have been gong the same direction this week and are both in elliot formation
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