XAUUSD

As communicated, I am waiting for a correction to wave 4 and seems like it is moving towards wave 4. However, based on EW rules, the correction for wave 4 can up to 50% retracement. Personally, Fierrax believes that the correction won't be so huge. The correction might stop on 23.6% or 38.2% which are also a monthly resistant level.

For education purposes only.