OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD
Hello friends
In the 4-hour time frame, by specifying a number of major areas and price exit from the descending channel, we assume that after confirming the completion of wave 1, the price should fall by about 50-61% and after hitting the edge of the descending channel, we will go for wave 3, which actually It is our main target, but the end of wave 3 and most of wave 5 can determine the fate of gold for growth above 2000, whether we will break the historical peaks or not.

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