FX.co ★ mdouglas | Wave Wisdom: Mastering the Art of Wave Marking in Forex!

Hello everyone. Regarding GOLD, yesterday the low was updated a couple of times, and early this morning they tried to update the low two more times, but couldn't do it. It seems like the price has started to stabilize to the south and a reversal is planned, maybe some gaps in the markings on the smaller timeframes will be filled and we will turn upwards. We need to move above 4215.00, otherwise they may continue the fifth in the third in three in three in (C), although the lows have been updated, the impulse has ended. In any case, that's how I see it, and it's time for a pullback to the fourth in three in (C), by the end of the week and maybe even dragging into Monday - Tuesday, then once again sharply downwards into the fifth in the third in (C).