The Bullish Divergence has been confirmed, and according to the Wave Count, Minute Wave iii has ended, leaving room for Minute Wave iv to start its Correction.
A Correction is expected before the last Bearish Swing for Gold and after the last Bearish Swing within this ...
Natural Gas has completed the 1st Bullish Cycle Wave 1, which was formed out of 5 Waves.
Corrective Wave 2 has started, with Wave A complete and now Wave B is preparing to finalize its move.
Wave C is expected to start and with the end of it, 2nd Cycle Wave will end as well.
The Wave count shown below states that the Major Corrective Cycle which started with 2008's Recession has ended.
With it, the start of a New Bullish Cycle market as Primary Waves A-B-C.
Primary Wave A completed with Intermediate Waves A-B-C, A & C formed out of 5 moves and B formed out of 3.
Primary Wave B is still ...
We are waiting for the Bullish Divergence to appear and point us on the up-side.
However, there is still Bearish Sentiment around Gold these times, especially withe FOMC Rate Decision coming.
The current Wave Analysis is stating that the Bullish Trend that started for Gold in December 2015 is a mere A-B-C ...
100 Levels posed as very significant and the overall Correction began.
Intermediate Corrective Waves A and B have been confirmed.
Within the Intermediate C Corrective Wave, we have confirmed the Minor Waves 1 & 2.
3rd Impulsive Wave is not yet finished as we are expecting a Contraction on the down-side in order for ...
After the 3rd Impulsive Bearish Wave has completed, the full Correction for the 4th Wave was not confirmed, meaning that Wave B has unfolded in a complex manner. According to the Bearish Divergence that popped in, Wave C should start unfolding until the 161.8% Fibonacci Extension, thus completing Wave 4.