EWA-tokyo

XAUUSD, Elliott wave analysis

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
■Outlook of XAUUSD on 3D chart.
I have two scenarios.
Look at the chart idea below for the 1st scenario.
This time, I publish the 2nd scenario idea.

In the case of 2nd scenario,
Wave (ⅳ) was completed and wave (ⅴ) started.
The sub-waves of wave(ⅴ) are shown by the orange line.
It looks like Sub-waveⅰ and sub-waveⅱcompleted.
sub-wave ⅲ is probably starting.

The sub-waves of sub-wave ⅲ are shown by the black line.
It looks like Sub-wave(1) and sub-wave(2) completed.
sub-wave (3) is probably starting.

If the waves top 1,834 and 1,877 after next week, we are most likely in Scenario 2.

■2nd scenario, 1M


■1st scenario, 4h, Jan 12.

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