Gold (XAUUSD)
Long
Updated

Try elliot Wave om gold

126
- Smaller time frame bearish
- 4h and daily still bullish.

Let's see whether this is a valid idea.

If the minorwave 5 down trend surpassed 2600. Idea is invalid.
- Target shorterm 2605

If minorwave 5 is above 2600, we will get back to major wave 5.
- Target midterm 1st 2605 than 2640
Trade active
Aparently we were still in Wave 3 - At this moment we can go into Wave 5.
Shorterm bearish has been invalig.

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