according to my elliott wave analysis an impulse wave have started from beginning of 2016 in gold price.
wave 1 and 2 completed and XAUUSD is in wave 3. i considered 15 aug 2018 low as wave 2 of wave 3. if this count is correct, Gold is in the wave 4 of wave 3.
if gold goes below 1370 level both intermediate and primary degrees wave count will invalidated. so if...