GOLD (XAUUSD) 12/05/2021

Here is my continuation analysis of Gold (xauusd). After I recalculating again the waves I found that the wave impulse is not done yet. I believe right now Gold (xauusd) is in retracement wave 4. With that said, I expect after completing wave 4 in the area that I marked gold (xauusd) will continue to the upside.

Disclaimer: This is my personal trade setup !! Please use this only for comparison with your own analysis.

If you like the trade idea, comment and give thumbs.

Cheers
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