FX:XAUUSD   Gold/U.S. Dollar
I thought i'd post this. Would appreciate some feedback guys if you can.

My original idea was this thinking that we have just finished wave 5 of a zig zag for a 4th wave correction

I have changed the count. ( iii             ) ends where (v) used to. I did this because now wave 3 goes beyond the high of wave 1 and you can see a clear 5 wave climb for wave ( iii             ). If this is the correct count it means (v) was exhausted and couldn't make newer highs.

This new count means we could see in a zig zag or flat correction . Just have to wait and see. I think it will creep up for Friday. Then we will see another fall next week
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