FX_Monk

XAUUSD Elliot wave targets

FX_Monk Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As you can see from the chart 3-4 is complete and now the price is heading towards the 2000 area level.
Comment:
Comment:
We are still in 1-2 of an impulse, currently this structure looks like an expanded flat. This structure could also end up being a running flat. Target for running flat at TP1 and for expanded flat TP2. The structure is still forming break of B wave low in red will confirm this structure.

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