SteadyFund

Gold Weekly Summary Analysis

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FXOPEN:XAUUSD   Ouro/Dólar Americano
In my opinion, Gold is now in its 5th wave.
Within this 5th wave, there are 5 waves and current in its 5th wave as well.
Gold is going to reverse into temporary correction and should correct until 2305.
Afterward, it will rebound to at least 2430 and close May in slightly green candle.
Then Gold will engage several months of correction toward 2135.8.
From 2135.8, it will sky rock to the moon.

In short, next week we should see Gold goes up at the start of the week then quickly sell at high level then rebound to close the week in slightly red candle.
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