Gold Intra-day: Prices Targeting 1680Top ↑ Aug 04 2011 On gold we are looking at the updated wave count that shows incomplete structure in wave (v). We know that wave five is a motive wave, which means it must be structured by five smaller waves. Well, a recent rise from 1616 is very strong, shows personality of a sub-wave three since prices broke through the upper base channel resistance line. In fact, a slow price action around the top looks corrective, so its likely a wave iv) with another push higher yet to come, which will be a fifth wave, targeting 1680. Do you like analysis you see here? Check our full service package here. Price: just 45€ per month or 110€ per 3-months. ![]()
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