Elliott wave projection for gold bounceback

OANDA:XAUUSD   Gold Spot / U.S. Dollar
This is my hourly projection for spot gold , given that a resumption of the strong 3.5 month uptrend is likely to continue.
Gold has been rising in spite of the US dollar maintaining it's strength.
MACD is making a gradual recovery on the hourly and is positive also on the daily and weekly charts.


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