Can we be bullish about gold?

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OANDA:XAUUSD   Ouro/Dólar Americano
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In the 5 min there is a clear 5 wave rise that *may* be wave 1. If the correction holds the begin of it we may see the bulls keep going and the sideways correction end.
To be sure we would like to see another 5 wave rise above the base channel from wave 1 and 2.