GOLD is ready to hit $ 5000GOLD (US$/OZ)TVC:GOLDMohamed_el_mahGold started its Elliott wave cycle in Oct/67 from around $ 35. Now, it is forming its 5th-wave. Its completion point comes to $ 5000 which is a major correction/reversal level. However, it may also go into correction from $ 4767. If Gold sustains $ 5000 then next level is much higher. We shall discuss that level once $4972 is sustained. Focus should be on $4767 and $5000. If Gold has to reverse then these levels would be best option. Exit plan should also be prepared as per your own strategy.