XAUUSD retrace watch: Gold has one more leg UP ?

已更新
Gold seems to be in a 5 wave impulse move up.
Currently looks to be in a wave 4 pullback.
Wave 5 has yet to start, but should do soon.
註釋
Pretty solid fib of the dip 快照

The above micro-EW indicates we are headed for the lower target to end bigger wave 4 快照

.
註釋
This blue micro- fib was confirmed early on with 1.236 and 1.618 pings 快照 The susquent action indicates the blue 4.236 end of wave which lines up prefecly with red 3.236 from next higher tf 快照 thus 1281.78 my next target.

.
註釋
three short term fibs pointing to 1281 快照

and higher tf fib proved 1276 important 快照 so will be observing 1276-1282 under microscope

.
註釋
1276-80 still looks good 快照
註釋
Precise rejection at the confluence of 2 fibs 快照

So this 12345 to the bottom of our support zone looks quite plausbile still 快照

.
Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

免責聲明