XAU/USD - 4H Forecast
Gold has been retrench from doing a support breakout at 1699, If the Daily candle Close with Hammer CS,
It clearly shown that price will go up to make it 5 wave in daily (Refer my Daily Forecast)
From the movement in 30 minute chart, it has been completed constructing wave 1 in H4 and ready to the correction,
however failed to do correction and break support level in daily chart, bearish movement seem like to breaking low to next support at 1568
Trade at yout own risk, My wave counting has been simplified to 3 wave movement.
It clearly shown that price will go up to make it 5 wave in daily (Refer my Daily Forecast)
From the movement in 30 minute chart, it has been completed constructing wave 1 in H4 and ready to the correction,
however failed to do correction and break support level in daily chart, bearish movement seem like to breaking low to next support at 1568
Trade at yout own risk, My wave counting has been simplified to 3 wave movement.
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