■Outlook of XAUUSD on 1-month chart.
We are in sub-wave 5(Red) of wave Ⅴ (Black).
and, Sub-wave of wave 5(Red) is shown by Blue-line.
The Wave shown by Blue-line is probably an impulse.
I think the third wave of this impulse will be extended.
next, Sub-wave of wave (iii)(Blue) is shown by Green-line.
This Sub-wave is also an impulse.
I think the Fifth wave of this impulse will be extended.
Now, I think we are in sub-wave iv(Green) of wave (iii) (Blue).
■Outlook of XAUUSD on 1-week chart.
*Main scenario
The sub-wave of wave iv(Green) is probably "Triangle".
I think that we are on sub-wave D shown by Black line.
Wave iv(Green) will change to wave v, after the sub-wave D and E is complete,
*Sub scenario
The wave iv(Green) will change to wave v, after Fibonacci reached 50-61.8% and the sub-wave contact the base channel.
We are in sub-wave 5(Red) of wave Ⅴ (Black).
and, Sub-wave of wave 5(Red) is shown by Blue-line.
The Wave shown by Blue-line is probably an impulse.
I think the third wave of this impulse will be extended.
next, Sub-wave of wave (iii)(Blue) is shown by Green-line.
This Sub-wave is also an impulse.
I think the Fifth wave of this impulse will be extended.
Now, I think we are in sub-wave iv(Green) of wave (iii) (Blue).
■Outlook of XAUUSD on 1-week chart.
The sub-wave of wave iv(Green) is probably "Triangle".
I think that we are on sub-wave D shown by Black line.
Wave iv(Green) will change to wave v, after the sub-wave D and E is complete,
*Sub scenario
The wave iv(Green) will change to wave v, after Fibonacci reached 50-61.8% and the sub-wave contact the base channel.