XAUUSD morning update
Technical analysis for XAUUSD.
This Elliott Wave count has price in wave (iv) of primary wave V.
Wave (ii) was a long regular flat, wave (iv) in this case would be a relatively short zigzag, with the c wave in progress. Would look for the c to end below 2400 but above 2075.135.
I would expect wave (v) of V would be quite extended, terminating >4000.
This Elliott Wave count has price in wave (iv) of primary wave V.
Wave (ii) was a long regular flat, wave (iv) in this case would be a relatively short zigzag, with the c wave in progress. Would look for the c to end below 2400 but above 2075.135.
I would expect wave (v) of V would be quite extended, terminating >4000.
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