XAUUSD retrace watch: Gold has one more leg UP ?

アップデート済
Gold seems to be in a 5 wave impulse move up.
Currently looks to be in a wave 4 pullback.
Wave 5 has yet to start, but should do soon.
ノート
Pretty solid fib of the dip スナップショット

The above micro-EW indicates we are headed for the lower target to end bigger wave 4 スナップショット

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ノート
This blue micro- fib was confirmed early on with 1.236 and 1.618 pings スナップショット The susquent action indicates the blue 4.236 end of wave which lines up prefecly with red 3.236 from next higher tf スナップショット thus 1281.78 my next target.

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ノート
three short term fibs pointing to 1281 スナップショット

and higher tf fib proved 1276 important スナップショット so will be observing 1276-1282 under microscope

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ノート
1276-80 still looks good スナップショット
ノート
Precise rejection at the confluence of 2 fibs スナップショット

So this 12345 to the bottom of our support zone looks quite plausbile still スナップショット

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Elliott WaveFibonacciSupport and Resistance

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