Gold Extended 5th wave rally towards $1850
We can see five waves started from 1616
1st wave : 1616- 1682
2nd wave : Shallow Correction 23.6% of Wave 1
3rd wave : 1665-1786 around 180%(1st)
4th wave : also shallow correction upto 1757
Now we have seen 2nd and 4th wave is shallow correction .
There is a high chance to be a extended 5th wave
5th wave Forecast :
If 5th wave extended then 100% (0-3) is @ 1934
If 5th wave normal then 61.8%(0-3) is @ 1860
In both case $100 up from here price 1760.
This analysis is nullified below 1681.
1st wave : 1616- 1682
2nd wave : Shallow Correction 23.6% of Wave 1
3rd wave : 1665-1786 around 180%(1st)
4th wave : also shallow correction upto 1757
Now we have seen 2nd and 4th wave is shallow correction .
There is a high chance to be a extended 5th wave
5th wave Forecast :
If 5th wave extended then 100% (0-3) is @ 1934
If 5th wave normal then 61.8%(0-3) is @ 1860
In both case $100 up from here price 1760.
This analysis is nullified below 1681.
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