The XAUUSD turn...

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The exchange makes correction movements. Based on the previous analysis. At the beginning of next week, it will reach its level of correction. Therefore, I expect a rise again from 1282usd. I'm waiting for the rise along the wave axis (green line). Its slope and size may be similar to the previous wave structure. The target price of the exchange rate is 7.8% higher than the correction level, 1400 usd waiting.
Comment: I look forward to a regular "elliot-wave" rise in gold.


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