Strong impulsive PA and wave count since 3 Dec 2015 low suggests a major trending impulse wave (C) advancing, more likely a straight 5 waves impulse than an ED. Projection of such impulse pattern could see Gold reaching 1540.00 by the year end with ease.
Anyway, immediate price action could see retracement towards 1144.00 area before resuming uptrend.
Anyway, immediate price action could see retracement towards 1144.00 area before resuming uptrend.