1205 P1/8 XAUUSD buy low and sell high

There is an assumption that the 3rd wave has not finished yet.
So gold could probably drop down again beneath the trend
line to make a 5th impulse wave of the 3rd wave to test 1250.

On weekly chart, gold has struggled beneath the blue trend
line which make a sideways box for us to follow probably,
meaning price could go up to test 1300 or go down to test
1250 on its 5th wave.

Both ways are possible for gold to go now.
Better to buy low and sell high alone with red box.

LESS IS MORE!