Gold (GC) Charts & morning Update
GC pushed strongly higher last week thus confirming that the Minuette Degree Wave (IV) is still in progress and that we are seeing the Sub Minuette Degree Wave c up towards 1238-1242 area. Once this move up completes we should then see GC turn back down in the Minuette Degree Wave (V) of Minor Degree Wave 2 down to the 1149 target level (See Daily Chart).