Gold - has been holding the rising channel of the wave ( iii ) up

The count I posted in the previous post is unchanged. This pullback should hold inside the raising channel and give us another rally to a new high in 1,347 – 1,360 area. From that top of the wave ( iii ) up we may get another pullback in wave ( iv ) down targeting the green box.

Gold futures - 120 min chart updated on 6 February 2019

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