GOLD-Will make 5 waves impulse in bearish to 1860 or will make 3 waves for "b" wave ?
1. My Bias is will make 5 waves and will reach to 1860 zone as i shown here.
2. Currently we are in the wave "4" and expecting as a irregular flat can happen.
3. One more possibility is from here( 1910) it can bounce if it is a) and b) formation.
4. If it did 5 waves then i am expecting a 3 waves to 1950 zone for wave ii).
5. If it did a) and b) wave formation make the high as a invalidation and look for the same target 1860.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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