Elliott-Waves-2_0

Gold in front of final high

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is close to its final high at just under which should be in a range of 2505$ to 2646$. Theoretically, a target of $2915 would still be open on the upside in the gray (y). However, this does not fit into the sub-waves and would require a significant correction beforehand. If the range between 2505$ and 2646$ is the final high, a correction to the range between 1500$ and 1900$ would be mandatory.

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