l.pro

1 of C of B in progress?

FX:XAUUSD   Gold Spot / U.S. Dollar
Last upside from $1200s looks impulsive on lower timeframes. 3-wave             correction from current levels would confirm that C of B is in progress. Go long til $1400+ then...

If this view is incorrect, we still need 3 wave correction of last impulse and then we going to have C wave up to about $1300... So, go long after correction anyway... )
nice chart, Yeah think we have put in a wave 1. If we get a nice readable (not complex) wave 2 and buy break out it will be a great trade.
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