Elliott Wave Analysis & Forecast, GOLD – XAUUSD, M1, 20190425
In my opinion, correction resumed after green wave B ended at 1346 on 18th February 2019. Since we saw all time high peak at 1920 in 2011, correction is forming in ABC pattern. Green wave in the form of A ended at 1046 in 2015 then green wave B started and ended at 1346. Now final wave gren c is continue to develop and ideal target for this wave will be near 955-960 area even lower.
muhiuddin
[…] to my previous analysis of 25th May, 2019 where we assumed that correction in green wave 4 has completed its second wave b but it was not the […]