OANDA:XAUUSD   Gold Spot / U.S. Dollar
1
Now in 5th wave after abcde correction of 4th wave limited further upside this cud be ended now or at the second blue zone with a slight chance of 1284. Longer term this is looking more corrective with a downside upto 1160 alternatively this could retrace to 0.618 - 0.786 around 1233 area lowest and 1244 highest before an impulsive wave 3 ....

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