Gold important bullish turn, can lead to new yearly highs (Elliott Wave Analysis) 19th June 2017 onwards


Gold (XAU USD) looking to make the bullish move from here on, I earlier thought that the Wave C will progress as an Ending Diagonal however it has already moved into the target zone white box.
Also since the Wave 3 of C is smaller then Wave 1, hence the Wave 5 can not go beyond 1241.50 else this count will be invalidated.
I expect a turn from here on leading to new yearly highs.

You should view my last video report to get a more clearer picture.

 

Gold important bullish turn can lead to new yearly highs (Elliott Wave Analysis) 19th June 2017 onwards

Gold important bullish turn can lead to new yearly highs (Elliott Wave Analysis) 19th June 2017 onwards

 

I will update further as this market progresses.

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