Gold (XAU USD) Technical Analysis and Forecast using Elliott Wave 21, May 2017 onwards

In the last video report I pointed that I was expecting Gold to atleast achieve the level of 1244 and the last target was 1232, since Gold achieved both of those targets in this video report I have looked at the possible upside levels.

From the current Wave Progressions it seems that Gold might soon achieve the levels of  1340 and 1420 and even higher levels.

I have basically discussed 2 hypothesis or Wave counts in this report and both point that gold is moving in a Wave 3, I will update further as the market progresses.

For those of you who have doubts like does Elliott Wave really work in trading and forecasting should definitely see the below posted video report as a proof to how well it works.


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