As per my commentary yesterday, i comment that gold seems to have completed submicro wave 1 and should be moving up to 50% or 61.8% to form submicro wave 2. So here we are at submicro wave 2. However, due to wave 2 was formed in a five waves pattern, we might not see submicro wave 3 immediately but we will face a expanded submicro wave 2. At the moment i am posting this, we are at a minuscule wave B and we should be heading wave C anytime sooner.
This is not trading advice and is just my opinion on the market.
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