AminSaghi
Long

Heading to End-Of-Wave E target area

FX:XAUUSD   Gold / U.S. Dollar
It seems that XAUUSD             is making an ABCDE correction for its previous bearish trend . As these recent trend-like movements are slightly overlapped, It rises the possibility for these movements to be an ABCDE correction. The price target should be reached within 4 months and after that, it's high probable that XAUUSD             begins a new bearish trend . It's worth mentioning that the previous bearish trend , is part of the correction of a higher level (monthly) bullish trend .
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