From the looks of price movement the market is not very clear of where it will go next.But based on my analysis i think Gold is in a correction and seems to be plotting out a triangle pattern .I will be looking for buying opportunities during this week in the price range 2008-2013 .
Xauusd finished wave 4 at around the 2014 level and has just completed wave 1 . We will be looking for buying opportunities at wace 2 retracement around the 2023-2026 price .Swing target is 2120 Good luck
XAUUSD is in wave 4 of elliot wave count of higher degree and wave 4 is coming out as a triangle.I expect price to pull back to the lower trendline completing wave E of the triangle,some candlestick rejections ensures a buy to probably 2140 and above.
At the moment CADChF seems to be in wave 4 and is forming a triangle with waveE about the finish.I expect a pullback to the upper trendline of the triangle ,some candlestick rejections and we can take our SELL from there