■Outlook of XAUUSD on 3D chart. I think we are on the wave(ⅳ) shown as a Green-line. Sub-waves of Wave(ⅳ) are shown by Orange line.
I think sub-waves of Wave(ⅳ) are probably "Regular Flat pattern ((a), (b), (c))". The sub-waves of Wave(a),(b), and (c) are shown by Black lines. Sub-wave of wave(c) is probably an Impulse (ⅰ,ⅱ,ⅲ,ⅳ,ⅴ).
If the assumption of this scenario is correct, We are probably on sub-wave ⅴ of Wave (c). Sub-wave ⅴof wave (ⅳ) will be completed shortly. The wave(ⅳ) will grow to Wave (ⅲ)'s Fibonacci level of 38.2%. so, Target is 1,620 to 1670. In this scenario, the stop loss level is 1600.
After Wave ⅴ is completed, Wave (ⅴ) on the upper degree will start. Wave (ⅴ) will probably be a 5th wave extension impulse.
Last time my idea. ■Jul 24, 2022. Long term analysis.