Fibonacci and ABC-Wave XAU/USD 28/7/14

This structure shows current aims. We are on a simple a-b-c pattern. If the subdivision of the B-Wave is complete at 1280 then the following direction will decide if the C-Wave is going to be done or if the FIB Retracements will be break for a downtrend.
ABCFibonacci RetracementUSDXAUXAUUSD

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