XAUUSD // SHORT TERM UPDATE

** Previosly we think that a simple zig zag correction may happen and the target of this correction wave is ~1945.

** The other scenario is now drawn on chart that a double zigzag correction wave may happen. Then the target of this correction wave will be ~1938.

** In both cases stop loss is ~1936 which is the end of 1. wave. This scenario will be cancelled if the price drops/close below 1936 level.

PS: If the elliot structure works minimum target is above 2080 in coming weeks.