Idea for Gold 22th May 2024

In the subwave, we're in the wave 4 , but this wave may not completed because it may goes down to the 2396 level of abc correction OR break the red line(if break, then completed)
the sub-wave (5) of wave "C" of wave 3 target may target to 2473 to 2484.

It's sideway now, and has a potential descending triangle pattern, let's wait and trade!

Comment:

Currently, it's in a key level, if the candle close below it which is 2377, then it's bearish trend, otherwise bullish trend. keep your eyes to monitor it.

If bearish trend, let's only catch the wave C because wave A is already gone, if you didn't sell at the 2442 that I shared in the vip, it's running 750 pips

Comment:

The first target is going to comming