Gold

According to the expectations :

Gold completed a running triangle formation, as the fourth wave, at terminus point of the 1214 . And now, sequence of an impulsive fifth wave is still be developed to expected ultimate lower levels…

Fibonacci targets :

On the 240-minute chart, the expected target for extreme of the ongoing wave (v), could be considered at 1157, where establishes an equality ratio between the waves (v) and (i), as a common relation.

Also, on the 120-minute chart, a common target for extreme of the wave v, as well is clustered on the same 1157 level, where establishes an equality ratio between the internal waves v and i .

Gold - Intraday 240Gold - Intraday 120

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