After the previous article in which I discussed how Gold might be moving in a 3 legged correction, it achieved the target 1 mark and then started moving hesitantly in a sideways fashion, now it seems that the correction might have taken a complex structure and quite possibly a Triangle.
Gold Elliott Wave Analysis a Possible Triangle Formation 25th May 2017 onwards
Please note that this can also be some form of complex flat structure however as of now the possibility of a triangle seems more likely.
I will update further as this market progresses.
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