XAUUSD retrace watch: Gold has one more leg UP ?

Güncellendi
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.
Not
Pretty solid fib of the dip anlık görüntü

The above micro-EW indicates we are headed for the lower target to end bigger wave 4 anlık görüntü

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Not
This blue micro- fib was confirmed early on with 1.236 and 1.618 pings anlık görüntü The susquent action indicates the blue 4.236 end of wave which lines up prefecly with red 3.236 from next higher tf anlık görüntü thus 1281.78 my next target.

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Not
three short term fibs pointing to 1281 anlık görüntü

and higher tf fib proved 1276 important anlık görüntü so will be observing 1276-1282 under microscope

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Not
1276-80 still looks good anlık görüntü
Not
Precise rejection at the confluence of 2 fibs anlık görüntü

So this 12345 to the bottom of our support zone looks quite plausbile still anlık görüntü

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Elliott WaveFibonacciSupport and Resistance

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