Elliot wave gold - 28-11 16:39

This last wave retace to 61.8% and is still respecting the zone of wave (1).
If this wave come into the zone of wave 1/2, than this idea is invalid.

Now in this case I still belive it is wave4 and going into wave 5.
I am causious: my take profit is therefore not crazy, and I will take it on around 2600, for more cautions TP: 2624

Elliott WaveWave Analysis

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