(please click at the chart to see it better)
Gold:
I'm still looking for a rally close to 1,350 in wave c of the triangle, which I have been looking for a couple of months now.
Wave a and wave b of the triangle has been simple zig-zag's and that does raise the odds for wave c being a complex correction, but it's still to early to tell as we are only in the very early parts of wave c.
So bottom line look for a rally higher towards 1,350 over the coming weeks.
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