XAUUSD, 4hr tf, the beggining of wave-5

This recent upwards movement could be the beginning of wave-5.
Right now price retracing at 61.8 fibonacci level which is an interesting level to place our buy.

I am going to buy XAUUSD because price might rise towards 1810-1815 area which is the next resistance level.

Buy XAUUSD 1773
Stop loss 1761
Take profit 1815 (3.5R)

Use only 1-2% risk
Good luck