XAUUSD-Wave #3 finished

3 May 2016

XAUUSD, Wave #3 is 2.618 Wave # and now we have Wave #4. Current Wave #4 retraced around 0.236 of Wave #3 and maybe moves down more and reach to 1278(0.38 Wave #3) and next start wave #5.
Targets are: 1308 & 1326

4 May 2016

Not

Price met 1278 and this must be End of Wave #4. Now it must go up and reach to target 1308 and 1326.