The 4 hour time frame shows a potential short term trade set-up for that final high for wave A.
I expect a last leg higher for wave 5 in red, however wave 4 in red might not be in place yet. So looking for a impulse of lesser degree and consolidation is what I will do. If it does not unfold the way I like it, I simply let it go due to the incredible trading opportunities the market is offering us at the moment in many Forex crosses. The main trade will be the move lower towards at least 1200 and likely lower.
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I like to see a deeper retrace but the impulse higher that will come is what you don't want to miss.
The reason why I like to see a deeper retrace is because as long as we don't do that the next bullish move might just be the final leg of the current structure counted as wave A on daily chart.
So I'm not so much interested in selling gold but want a confirmation that wave A is over so we can prepare for buying wave C.
updates will follow.