GOLD

On our H4 chart, as you can see the price which ended on April 6^th at $1224.100 from March 17^th at $1142 has formed five waves and has entered a correction wave from a larger degree that based on counting the waves it is about to end its way on wave C completion which we forecast it should ends between April 27^th – 28^th from the time view. And from $1173-$1168 we are about to see a rise. Breaking $1123 could lead the price towards a long wave 3. And if failed to cross $1123, we are allowed to go long short term.

Note: if the price breaks $1168 strongly, we will wait for it reach $1158 and 1144$ levels.

Result

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