user100000

XAUUSD daily ew count

FX:XAUUSD   Gold / U.S. Dollar
105 1 4
The first impulse wave in this bull market. Wave 5 seems to be an expanding ending diagonal . 1350 is within reach.
I'm counting this slightly differently. The most recently rally looks to me more corrective than impulsive on that degree of trend...more like the B wave of an irregular flat. If this is correct, the next pullback should be in 5 waves down to complete wave 2, possibly around 1165. I do like your count though...I guess only time will tell :)
https://www.tradingview.com/chart/VOjLNh8P/
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