XAU/USD Gold spot

The monthly chart portrays the progress of the Super Cycle for XAU/USD since its release from the US gold standard in 1971. At present the active wave is Primary [3] of  the final Cycle wave V.

The weekly chart shows the projection of Cycle wave I for a possible location of the end of Cycle V.

The daily chart looks at an interpretation for the internal structure of Primary wave [3]. The projection of Primary wave [1] sees an assumed half-way point within Primary wave [3] and assumes that a mirror of the first half will occur to complete the pattern. 

The purpose of sharing this is to encourage broader interest with the application of the Elliott Wave theory. 

The standard version of the theory applies.