4-hour wave count update on gold

23 May

4-hour golden wave count: In light of the adjustment in the previous count, this Monday's peak of 2450 is currently seen as the end of the green third wave, with green sub-wave consisting of five waves. The current green fourth wave is undergoing a correction in the rally from 1973 to 2450, with attention on the Fibonacci 38.2-50-61.8 levels.