FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is on it wave 8 up which still not finished yet.
So B for our last analysis idea is not confirmed yet.
As long as the channel is still valid, gold can still drop down again to finish its wave 9 down to 1140 round.
For current chart, gold could end its wave 8 on between 1195-1204.

Less is more!
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Now the end of wave 9 is waiting for confirmation.

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