XAU/USD 29.11.24
Updated
XAUUSD Hello Traders,
After reevaluating my analysis—since my previous setup was invalidated—I would like to share my alternative chart view with you.
Following our 3-wave move to the upside, we’ve now completed wave (A) and wave (B) correction to the downside. At this stage, I expect a standard 12345 setup from wave (B) to wave (C), which would align with typical market behavior.
However, I am also considering the possibility of an ABC move to the downside as an alternative scenario.
Let’s stay alert to these potential developments and adapt our strategies accordingly.
Order cancelled
Target is not anylonger my main target. Update tomorrow.
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