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Gold Correction Nears Completion

The current XAUUSD formation hints to a 5-wave impulse consisting of cycle waves I-II-III-IV-V. Wave V consists of primary sub-waves ①-②-③-④-⑤. Currently, correction ④ seems to be forming an intermediate  (A)-(B)-(C)-(D)-(E) triangle.…

GBPUSD ZigZag Likely to Complete Soon

GBPUSD shows a corrective bullish trend consisting of primary sub-waves Ⓐ-Ⓑ-Ⓒ. Wave Ⓐ is a 5-wave impulse and wave Ⓑ is a double three consisting of intermediate sub-waves (W)-(X)-(Y). Impulse wave Ⓒ is currently under development. At…