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GOLD: Wave iv) already completed as a triangle, we are in v) (5)

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GOLD: Wave iv) already completed as a triangle, we are in v) (5)

Market Commentary:


1. Previous I thought 2146.79 is the high and I expected for wave iv) to 1890-1805.


2. But again it break that high and made 2195.15. So I thought the wave 5 of iii) is extended and expecting for wave iv) to 1890-1805 again.


3. But again it failed and made 2222.91 a new all time high. Again I concluded the wave got extended...so it wont break that 222.91.


4. But yesterday again it break that all time high 2222.91 and did 2236.24. I got confused and look the internal waves all 3 3 3 waves structure.


5. But today I got and come to a conclusion the wave iv) got completed as a running triangle 

what I showed here and we are in the final wave to complete the wave v) of (5).


6. Here also I have 2 options..it will go up to max 2247 and it may get reversed or again to

2100 and final wave to 2320 zone as I shown here...and then it will get trend reversal....


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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