-uptrend continuation in view
No change!
As expected, gold broke to the highs in very strong manner after recent clearly and textbook three wave set-back to 1186, where we labelled a completed wave (ii). So if wave (ii) is done, and if our count is correct then market is now moving up within wave (iii). Usually wave three is the strongest and longest wave in a sequence, so with that in mind metal could reach level even around 1280 this month. Ideally uptrend will continue soon as latest leg down has a clear corrective look.