Gold

Gold’s Minor Wave C Developing :

On these daily frames of Gold, the wave counts explain two alternatives for the Minor wave C developing as “W-X-Y” double zigzag or “A – triangle B – C”  formation.

Based upon these alternate counts, the outlook in short-term is bullish through the minimum objectives around the 1251.5, while the price holds above the 1142.5, in anticipation of the final Minute wave ahead of Minor wave C.

Gold - DailyGold - Daily-1

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