Currency Analyst since 2010

GOLD: weekly wave analysis

Daily. The pair keeps forming the final wave [E] of the sloping triangle. Let’s review the internal structure of this wave at Н4.

H4. The pair is likely forming a usual zigzag (Y). Within this zigzag the pair finished the wave A and we are now witnessing the development of the corrective wave B. When the sideways wave is completed, the market’s growth will resume. 

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