GOLD-ZIGZAG pattern 5-3-5 found for connecting wave X) to 1953 ?

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GOLD-ZIGZAG pattern 5-3-5 found for connecting wave X) to 1953 ?

MARKET COMMENTARY:


1. This is a 3 wave correction for the connecting wave as i shown and this is a zigZag (5-3-5) 

pattern for the connecting wave X).


2. Wave b) also retraced the wave a) exactly 38.2 fib retracement and continue for c) wave

in 5 waves and i am expecting 1.618 fib exp for wave c) to 1953 expecting to get rejection.


3. Wave 4) is a running flat formation and it is well supported by the bullish channel as shown

here.


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