GOLD: We are in the Leading diagonal pattern. Expecting 2K below.

GOLD: We are in the Leading diagonal pattern. Expecting 2K below.

1. We are in the leading diagonal pattern as I shown here.

2. So either we completed wave (3) in the expanded 3rd wave and we are

getting exactly in the 2.618 fib expansion level that I showed here.

3. Either the wave (3) or (5) completed and I am expecting minimum of 23.6 fib

retracement if the wave (4) is still ahead or if the trend got reversed too...

4. The 23.6 also exactly in the previous support and in the bullish channel

lower trendline too.

5. In the shorter TF it can go up to 2470 zone also but i am expecting the correction.


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