XAUUSD Elliott waves
XAUUSD
It seems that we are in a price correction in the range of 2300-2400 dollars, so the Elliott waves are drawn like this, the big wave 3 is completed and we are in the big wave 4. It is expected that this wave will be completed by a ABC waves. My idea of the correction is to The range of the middle line of the weekly large channel is bullish. And after this range, we expect to climb up to the drawn range.
It seems that we are in a price correction in the range of 2300-2400 dollars, so the Elliott waves are drawn like this, the big wave 3 is completed and we are in the big wave 4. It is expected that this wave will be completed by a ABC waves. My idea of the correction is to The range of the middle line of the weekly large channel is bullish. And after this range, we expect to climb up to the drawn range.
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