..trading signals are just forecasts for one bar...:)
According to my wave count ,gold makes its C wave beginning from its B wave top of 1795.And we are in the 4. subwave of this C wave.
And again we are just making the b wave of this 4. wave,which may result with a bottom either under the 3. wave bottom 1178 as a flat 4. wave correction or maybe result with a zigzag correction, without reaching the 3. wave bottom,possibly ending at 1220-1250 interval.
Afterwards a C wave of the 4. wave has to follow the b wave,as an attack towards the 1450-1480 levels.
As the last leg a 5. wave has to end the C wave under the 1178 bottom of the 3. wave.This can lead to the target of 1156.
Best wishes...:)
And again we are just making the b wave of this 4. wave,which may result with a bottom either under the 3. wave bottom 1178 as a flat 4. wave correction or maybe result with a zigzag correction, without reaching the 3. wave bottom,possibly ending at 1220-1250 interval.
Afterwards a C wave of the 4. wave has to follow the b wave,as an attack towards the 1450-1480 levels.
As the last leg a 5. wave has to end the C wave under the 1178 bottom of the 3. wave.This can lead to the target of 1156.
Best wishes...:)