Elliott Wave count for Gold

Hello everyone hope you spending a good weekend, our main scenario in H1 timeframe invalidated so I consider our alternative scenario in H1(H4) as main scenario. our main scenario in daily and weekly timeframe is still valid and invalidation point for this scenario is 1750.54$. as we expected for this scenario our channel finally broke and price could make a new low below 1789$. You can see the details in the chart, if you have any idea or question about this scenario please share with us in comment. I will provide more Elliott wave count daily if you are interested follow us to receive updates.


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GoldWave AnalysisXAUUSD

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