描述
⋅ So gold may be in the 4th wave of symmetrical triangular consolidation.
In the past week the "B a" wave has completed and we are now in the middle of the " B b" wave.
Some possibilities for the next week if a zig zag correction takes place
1. Gold to complete the "B b " wave at 50% retracement of "B a " wave around 1239. ( Could be more )
2. Then price to move a maximum of 75% of the current "A" wave @ 1275 to arrive at " B c " ( & completion of the "B " wave ) .
From there a 5 wave impulsive wave "C" to the lower trendline. :)