Gold In For A Minor Correction; Later Could Reach For 1.322

Gold is still on the uprise from recent blue wave iv swing at 1278 level. We are tracking an impulse labeled as blue wave v and we are now already above 1.300 mark. In the next few sessions we will look for a corrective pullback in red sub-wave iv) and afterwards a continuation higher to around 1.322 region for a completion of a bullish cycle.

Gold, 30Min