XAUUSD 1H forecastLooking for a further upside on #GOLD, we have two biases but in the same direction.
1. We have an impulse pattern formation. We already have a 1-2, and we can project a 3rd wave to occur and potentially make new highs.
2. We have a correction pattern projecting; waves A and C are often equal, and we can expect the price to continue collapsing after the wave A formation.