The gold futures price has made a U-turn as it didn't trigger Triangle's invalidation at $3,300
This bounce back could be a harbinger of wave 3 within the larger degree wave 5
It will be confirmed once upmove breaks above the top of wave 1 beyond $3,534
I erased the complex correction scenario as the price might be taking off right now
I added the breakdown of the upcoming large wave 5 into smaller 5 waves inside
Target range remains intact between $3,900 and $4,300
This bounce back could be a harbinger of wave 3 within the larger degree wave 5
It will be confirmed once upmove breaks above the top of wave 1 beyond $3,534
I erased the complex correction scenario as the price might be taking off right now
I added the breakdown of the upcoming large wave 5 into smaller 5 waves inside
Target range remains intact between $3,900 and $4,300
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