Gold bounced a bit as market when risk-off in sentiment.
But I think dont think that will last. I expect risk-on again very soon.
Dollar is still strong, and paying interest which Gold does not.

The red zones in my chart are possible short entry zones.
The green zones are of course take profit areas.

This is a follow up to my previous plan :
XAUUSD headed down to new low?  Gold in trouble?
Still looking at the same targets, but my EW count for wave 4 in above chart has been invalidated. So I am expecting an ABCDE (instead of abc) for the wave 4.

Let see how this goes.
Elliott WaveFibonacciSupport and Resistance

the Golden Ratio is my Religion
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