XAUUSD - Elliott Wave Forecast

Hello all,

A quick update, the smaller degree wave (v) could be in play. Price has bounced of a possible wave (iv) count around 1831-1832 (38.2%).

If the wave (v) is in progress then I expect the price to drop back out of the marked sell zone.

Please refer to my previous ideas which are linked below.

Follow for further updates.

Trade safe,
Beyond Edge


Disclaimer

This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.

Do not trade or speculate based solely on the information provided. Trust your own analysis.

Beyond Edge