Gold 2020 bull market is now trading in its 5th impulsive wave after big correction. correction also has made bull flag pattern.
since 3rd wave is extended wave we can expect 5th truncation at the high of 3rd wave . After the end of 5th wave entire bull market will finish and seller will target for bottom near 1450. At the end of 5th wave we can expect 0.618 retracement of entire trend at 1692.
since 3rd wave is extended wave we can expect 5th truncation at the high of 3rd wave . After the end of 5th wave entire bull market will finish and seller will target for bottom near 1450. At the end of 5th wave we can expect 0.618 retracement of entire trend at 1692.
