Simple (but not necessarily correct) Gold count

Points of concern
- wave C of (Y) and wave 1 of the current wave up are difficult to subdivide in 5 waves
- wave 5 of circled C is projected to be very extended (fine for commodities) but still

Points supporting the bullish stance
- USDJPY is going through correction and is clearly looking to make new lows (hence trading idea) which should coincide with high in XAUUSD.