SAXO:XAUUSD   Gold Spot / U.S. Dollar
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2
same plan now finished wave 4 and inside wave 5 of larger wave, 3 1823 is an area of confluence and natural target. Inner wave 3 fell short of 1.618 so the extension of the 5th wave of larger 3 is on 1.27 is at 1845 with higher targets also possible. 1745 is invalidation which has come very close to and reacted well if this is to give way targets would become higher with inner wave extending. 1745 is now an ideal place to hide stops under in short term.

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