The target profit target is very conservative and is equal to wave 1. Stop loss just below the last double bottom.
Interesting volume signals. Time frame target with elliot fib. That means a pretty good return in a few days only.
gold will bounce up to around 1200 and then it will go down to 1145-1155 levels before a new grand bullish cycle begins.
Note that wave v is equal to wave iii wich is also the 0.618 retracement forward of the previous rally.