Gold's momentum indicators - like Stoch RSI - should become embedded if the heart of a 3rd wave is underway. Meaning, they may not reset until the 3rd wave is complete. My purple count is a more aggressive path in the white count depicted on the chart. The yellow alternative is not my expectation, however its certainly possible if resistance is not taken out strongly.
I've linked last month's 4h chart for more history on the development of this Elliott Wave set-up.
I've linked last month's 4h chart for more history on the development of this Elliott Wave set-up.
