Gold 4th wave completed?

٥ أبريل ٢٠١٦

Gold rallied back up 1224.95. This should be great region to execute some short positions to capitalize on the potential 5th wave. However there is a potential that it head higher to the 61.8% region before turning around.

٧ أبريل ٢٠١٦

ملاحظة

Gold went up a lot higher than I expected. However adjusting an upper level of the trend suggest that the yellow metal is still bearish