thenry
Long

Wave "C" or Wave "3" (That is the Question)

FX:XAUUSD   Gold/U.S. Dollar
262 2 7
Really believe we are currently in a Wave "3" which is going to have an Extended 5th wave. Right now we are in a 4th wave down before the extended 5th wave. Looks to me like a double zig-zag. Thinking this move will come close to the wave 1 but will not penetrate it. If correct the "price action" should move quickly up. Some similairities with Wave 1 and 3. Market is expanding.
Bandarsq PRO
4 months ago
Nice chart.
Reply
thenry PRO Bandarsq
4 months ago
Thanks!
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