XAU/USD - 4H Forecast Update
As per previous forecast, gold has moved to 5 subwave for completion wave 1 in daily
that 5 wave might be completed at 1787 if not extended as previous target somewhere at 1797.
if the top wave 5 has ended, it will moving to big movement correction ABC, that wave A confirmation breaking wave 4 subwave
somewhere at 1769. Moving to Wave B, there is Entry Setup for Short with tighten SL.
Trade at your own risk, my wave calculation has been simplified to 3 wave movement.
that 5 wave might be completed at 1787 if not extended as previous target somewhere at 1797.
if the top wave 5 has ended, it will moving to big movement correction ABC, that wave A confirmation breaking wave 4 subwave
somewhere at 1769. Moving to Wave B, there is Entry Setup for Short with tighten SL.
Trade at your own risk, my wave calculation has been simplified to 3 wave movement.
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