FX.co ★ mdouglas | Wave Wisdom: Mastering the Art of Wave Marking in Forex!

Hello traders. Regarding GOLD, I am expecting a downward impulse in wave (C), but they still can't finish the second one. Today, they climbed up again in the second wave of (C). If things progress further, they might make a move to (B) and disrupt the plans for a 1-2 entry in (C). If the move to (B) happens, the price of GOLD will continue to rise in wave (B), and we will have to wait for new 1-2 waves in wave (C). If the move to (B) does not happen, then I expect a downward movement today in the third wave of (C) with a breakthrough to (A), which means a dive could confidently reach 3800, possibly even lower to 3500.00.