OANDA:XAUUSD   Gold Spot / U.S. Dollar
Last very short-term analysis:
The price moved back and forth in this rest period. Now 1528$ (R1) may become new support to start 5th wave (green scenario) or may not and S1 act as support (orange scenario).
Note that It is a very risky situation. Price has reached medium term high and close to long term high. watch your position and set reasonable SL and TP.
Comment: 15 M time-frame

Steady amont of demand but some shocking supply. Hope for the green scenario is high.
p.s : HIGH RISK
Comment: in the middle of the green zone...
may have some minor corrections.
Trade active:
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Comment: A more exact chart with some corrections:
Comment: Considering above chart and bearish signals, both green and orange scenario is under doubt now.
Comment: little to go to see if orange scenario is valid or not?...
Comment: check last updates here:

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