XAUUSD I GOLD Wave Analysis

• Gold is in a complexe correction, just like USDJPY
  
• One last push to the downside is expected to strong support
  
• There we should see a strong price action signal combined with RSI divergence
  
  
• We then will see a rally to new daily highs around 1620-1650
  
  

This is for educational purpose only. This is no investment advice. Trade with demo account first before risking your own money.