Gold trading in weekly time and correction my past idea
If we look at the weekly gold chart, we see exactly the pattern of regular flat correction, where each wave is marked as a microwave.
In flat correction , C wave will be in the form of a 5 wave, as we see, is doing 3 wave , and after the end of 3 wave , we will have a correction as 4 wave , and then the final 5 wave, which targets can be as same size of an A wave or slightly larger
Of course, in the last box, the goals of 3 Wave are shown as Fibo
XAUUSD
XAUUSD
In flat correction , C wave will be in the form of a 5 wave, as we see, is doing 3 wave , and after the end of 3 wave , we will have a correction as 4 wave , and then the final 5 wave, which targets can be as same size of an A wave or slightly larger
Of course, in the last box, the goals of 3 Wave are shown as Fibo
XAUUSD
XAUUSD