XAUUSD H1 Update.

H1 I can't rule out one more higher high but we are getting a bear flag, It maybe worth giving it a go and getting it to BE in case we get the H4 wave C down from here.

M15 were getting a bear flag, it is quite a risky trade so take with care and wait for a solid H1 close. 1st targeting 100fib. (not drawn)
M15 Chart.

H4 Complex Correction Idea, Check it out!

D1 Wave Z Up idea, Check it out!

W1 Long And Short Term Outlook idea, check it out to get the complete picture!

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Commento:

Here is the more complex M15 structure I would expect if were going to get the H1 wave Z up.

Commento:

As I mentioned in the description it is a risky trade and after the flag break it didn't go so you would have either took a BE trade or your SL was hit at top of flag for a small hit. Trading corrections is a dangerous game.
Currently on M15 we have 3 up in the internal correction with no bearish divergence so I can't rule out a Z up. With the larger correction taking place this suggests were looking at a H1 Z up so only experienced traders should attempt to trade the correction short as the RR diminishes. We now need TL break and flag to trade.
M15 Chart.