XAUUSD

The bear that happened on 20th and the bull that form on 21st is showing a bigger form of wave 1 and wave 2. Now we can see that, it might be an expanded wave 3 where Fierrax believe wave 2 just ended. But in order to confirm the wave count, it has to break 1790 - 1784 price level. As Fierrax has commented on the previous post, the maximum wave B correction is 123.6%. Break of this fib level tells that the correction has ended.

For education purposes only.