GOLD possible target around $1472 or $1599

27 Haz 2019

Gold is currently tracing out intermediate wave C of primary wave B, the length of intermediate wave A was 332 points. Eliiott wave guidelines suggest wave C = .618 x wave A or wave C = wave A, so if we take 332 (length of intermediate wave A) x .618 we get 205. Adding 205 from the end of intermediate wave B which is 1267, we get possible target of 1472. Or if wave C goes equal distance of wave A we get 1599 as the other possible target.