Gold should show an impulse in correction

The schedule of gold is very similar to unfinished correction. Possibly the price executed two waves in correction (A and B). I consider that now the price is in a wave of C, having executed waves 1 and 2 impulses. The movement to 1825 is also possible (0.618 according to Fibonacci). However, further there will be growth to earlier me noted purpose 1890-1895. At this level the first large amount is located. Also it is level 0.382 according to Fibonacci from earlier executed large falling on the day chart. I came to such conclusion for several reasons: 1) the purposes on correction according to Fibonacci are not executed; 2) consolidation dragged on and the falling trend slowed down. Thus technical indicators on the week chart indicate the beginning of a turn. Especially it is visible on MACD.


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