XAUUSD GOLD Preferred Elliottwave Count

This an Elliott Wave count of Gold - XAUUSD on the weekly time frame and is projecting a possible rejection and reversal around the level of 2080 - 2190. Please note this chart should not be used to open a short position on Gold as momentum is still strong and odds for projection's invalidation are great.

This idea will be updated when we reach the level of possible rejection.
Chart PatternsGoldTrend AnalysisWave AnalysisXAUUSD

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