FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
The bear that happened on 20th and the bull that form on 21st is showing a bigger form of wave 1 and wave 2. Now we can see that, it might be an expanded wave 3 where Fierrax believe wave 2 just ended. But in order to confirm the wave count, it has to break 1790 - 1784 price level. As Fierrax has commented on the previous post, the maximum wave B correction is 123.6%. Break of this fib level tells that the correction has ended.

For education purposes only.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.