I see XAUUSD currently in wave 5 of (3) of ((3)) of v. I am looking for this move to approach 2600 before a pullback towards 2400.
I think the time between the years 1976-1980 is a good reference for where I think we are in XAUUSD's current wave v. Wave v's in XAUUSD tend to be rather extended. Orange ellipses are wave 1's and green ellipses are wave 3's. Big picture has XAUUSD most likely above 5000 before wave v is complete.
I think the time between the years 1976-1980 is a good reference for where I think we are in XAUUSD's current wave v. Wave v's in XAUUSD tend to be rather extended. Orange ellipses are wave 1's and green ellipses are wave 3's. Big picture has XAUUSD most likely above 5000 before wave v is complete.