Gold breaks up triangle to hit 1860-1880

7 May 2020

Wave 4 emerged as triangle ABCDE.
The price broke above the BD trendline / upside of the triangle.
Target is between 1860 (Fib based) and 1880 (simple upside of trend channel).

13 May 2020

Not

Update

another zigzag shifted the wave D to the right and only now we will have a breakout

21 May 2020

Not

gold looks weaker than silver as gold/silver ratio plummeted huge
could be ending diagonal 5 of (5)