Gold Elliot Wave Analysis : Wave 5 started ??? Or Irregular 4 is On ???

Dear All,
                             If we were expecting dead cut bounce and then fall on gold .......but price action seems to disagree


let see where we are ......what probable price action can unfold !!!!!!

 1. Case Wave 4 might be complete and we started Wave 5 down ( High probablity)


Kindly chk charts

If 5 is on following targets can come 

wave 4 did only .236%

Case 2 Wave 1-5 done  we will retrace full on upside ( low probability )

Case 3 Wave 4 is doing irregular correction ( medium probability)

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Abhay Mehrotra