3rd wave (Primary, Black circle) = 261.8% projection of w1.
and ...5th wave = 161.8% projection of w1-w3. + AO-convergence of w3-w5 (green arrow, yellow-slate blue column) and bearish divergence within (red arrow).
Wait and see for open LONG around w(4)....@1400+- USD.
Early August with DOUBLE Cup with handle...
The 1st cup-Blue- price move up to 200% fibonacci extension of the cup (blue arrow), the 2nd to 300% (red arrow).
When the cup formed, the large Stochastic (21,3,3) always in oversold zone (black ellipse).
#XAUUSD #GOLD #30min #tradeZpirations