XAUUSD Cycle Triple Zigzag Tests $1900!

From orbex.com

The current Gold chart shows a large correction pattern which takes the form of a cycle triple zigzag. The last section of the chart shows the structure of the bearish cycle intervening wave x. This looks completed in the form of a primary triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. In the coming trading days, prices could increase in the initial part of the cycle wave z. As shown in the chart, it could take the form of a primary standard zigzag Ⓐ-Ⓑ-Ⓒ. The price of gold in the wave z could rise to 1865.77. At that level, it will be at 61.8% of previous actionary wave y. Let’s consider the second scenario, where the downward movement ... (full story)