I think that the formation 1-2-3-4-5 is finished and the Gold need a NEW SUPPORT for the next Elliot wave.
I give you two possibilities for this support point: 1282 and 1278.
If in the top rigtht now appear lateral formation, the correction will be 50% of the 1-2-3-4-5 wave.
But if in the top right now don´t appear lateral formation, the correction will be 68% (Fibonacci) of the 1-2-3-4-5 wave.
I give you two possibilities for this support point: 1282 and 1278.
If in the top rigtht now appear lateral formation, the correction will be 50% of the 1-2-3-4-5 wave.
But if in the top right now don´t appear lateral formation, the correction will be 68% (Fibonacci) of the 1-2-3-4-5 wave.