meszaros
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The exchange rate of XAUUSD will make corrective movements...

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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The exchange rate of XAUUSD will make corrective movements. It is assumed that a second full wavelength correction distance will be reduced. If the idea is correct, the correction movement ends at around 1165 usd level. Moving from this level I expect a move of a size but faster. This can be around the 1417 usd level for wave motion.
BIG like idea
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I foresee a re-test of 1305 level and then prob fall to 1165.
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@Was88, Thanks for the comment. Possible. What you wrote is a good idea.
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