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
I will update further as this market progresses.
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