Is there room for more correction?

FX:XAUUSD   Gold Spot / U.S. Dollar
81 0 4
No indicator. No Calculator. Thats what i see on chart. Wave-1 completed with its correction and Wave-2 start with its impulse. Brexit impulse is irregular and only a baloon part of Wave-2. According to this point of view correction may go on and kiss around 1220 within this week and may try to set up there.

My idea belongings are: there sees no incredible event to impulse up gold             until elections. US economic datas are well, EU is blowing with crisis, China is unstable. Only hard war rumors may trigger gold             but it is not on the table currently.

Good Luck!
Trade active: look at this..

can you see how similar is it with Wave-2 stated in above chart
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out