XAUUSD Forecast

Gold sells continue to play the bearish side. We are in a zig-zag correction on the Y wave of double zig-zag. The wave C on the blue degree is always a motive wave we can expect a 1-2-3-4-5 sequence.

We can expect the price to break below the (A) leg on the blue degree. We can project wave C to be equal to wave A.