Date: September 2012: GOLD: Update of the short-term EWP | The wave trading

I am trying to find the correct EWP based upon the evaluation of the internal structure of the move off the May 16 low.

I strongly believe that this advance is not impulsive therefore it has to be a countertrend move.

This is a bearish statement but I cannot go ahead of the price since corrections can adopt different patterns and morph easily.

Below I show a potential Zig Zag with price now involved in the final wave (v) of (C)

I keep experimenting until a solution is found.