XAUUSD Waves Update

Dear readers,Gold have probably bottomed and in time will be headed higher to challenge recent highs at 700 U$D / 520 € / 83,000 ¥. Silver confirms this assumption and the silver /gold ratio shows relative strength. Elliott Waves Cyclical view: The advance from the recent low consist of multiple sequences of intraday impulsive 5 waves patterns (visible on minutes charts). Despite the recent