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GOLD headed higher in wave 3

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CFDs em Ouro (US$ / OZ) (TVC:GOLD)  
SolomonsView  
TVC:GOLD   CFDs em Ouro (US$ / OZ)
Elliott Wave Cup And Handle elliotwaveanalysis cupandhandlepattern Gold Silver XAUUSD XAG USD ( Silver / US Dollar)
3
1
elliottwaves cupandhandle elliotwaveanalysis cupandhandlepattern gold silver xauusd xagusd
Gold seems to have finished its downmove at the recent lows around 1690 levels. The move since then has traced out in 5 waves and is clearly impulsive. The one-two , one-two series of upmoves should accelerate into a wave 3 and head towards 1760 as its first stop before heading towards 1850s.

Silver is expected to follow same path.

#XAUUSD #XAGUSD
Michael @ SolomonsView

Twitter - @SolomonsView
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