XAUUSD Gold updated buying level

Wave 4 is currently on play which is a great opportunity to enter a long or add to existing long. Wave 5 will be impulsive and im expecting wave 5 to go beyond 2100 since 5ft wave of commodities always extends.

This downward pressure is very logical since the DXY is bound for correction.

Stay long for we are in a bull market. I dont recommend shorting gold.