Gold XAUUSD
The chart indicates potential targets for the completion of wave 5, with minimum and maximum acceptable retracement levels noted.Relationships such as "4 vs 3" and "5 vs 3" are used to compare the lengths of these waves to identify potential turning points.Future Price Movements:The dotted lines extending from point 4 to 5 and from (A) to (C) indicate the expected path of future price movements according to the Elliott Wave projections.The minimum acceptable level for the completion of wave 5 is noted as well as the potential high end within the resistance zone.
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