I am waiting for XAUUSD long entry. The chart shows that gold is currently in a corrective move. My technical interpretation is that this corrective movement is slowly coming to an end. I expect this to end at the 1851 usd level. You can see a white square in the analysis. The height of this square is W1ATR this means that gold moves a maximum of this much in 1 week. What can be seen at the moment is that the price movement was faster than the W1ATR would have warranted, so it is now correcting back. The size of this could be the upper level of W1ATR in first approximation. Therefore, I will wait for a 1 hour turn signal near the 1851 usd level and enter a long position. Target price for this : 2085 usd.