WaveAlchemy

XAUUSD MINOR ALTERNATE 5

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
8
Hi all,

This wave count states that 1) Minor 1 completed on 6 JUL as a zigzag 5-3-5, 2) Minor 2 completed on 1 SEPT as either a double-three or a zigzag 5-3-5 and 3) Minor 3 is unfolding in its early stages of development and most likely as a regular motive structure.

Some confidence will be place in this count if price moves beyond the aqua blue trend line.
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