As we know today that most of investors consider USD as a safe haven!
From the perspective of Elliot Wave, right now I see XAUUSD is in corrective Wave B towards 1580.609/1604.032 (SELL ZONE) before falling into final corrective Wave C towards 1504.782/1382.109.

Currency Strength per today:
- USD is the strongest
- AUD is the weakest
Elliott WaveWave AnalysisXAUUSD

Disclaimer