Third-wave done | Correction wave aheadDaily chart
Last my post about GOLD ( OANDA:XAUUSD ) reminded Reversal Pattern and it's completed.
Detail:
GOLD has broken up and out the neckline to complete the third wave at 1963.735 and it's happening fourth-wave
I expect GOLD will down to around 1950
I marked it on chart 4H below
Chart 4H TF
Gold's in Ascending Channel and done second-wave what's sharp correction wave and fourth-wave I think it will be a combo correction wave based on Elliott Wave theory.
Wait and see next move. I'll update