EWA-tokyo

XAUUSD, Elliott wave analysis

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
My idea, which I published on Feb 13 this year, is around as predicted.
I posted on Sep 3rd that Sub-wave ⅴ of wave (ⅳ) will be completed shortly.
This time, I show you zoomed in the final waves of wave V.

In the present situation, Wave 4 shown as a Red-line is completed, We are on wave 5.
Sub waves of Wave4 look like "Double three pattern (W, X, Y)".
From my point of view, Wave W is a double three, Wave X is a Regular Flat, and Wave Y is a triangle.
wave 5 is probably an Impulse.

If the assumption of this scenario is correct, Target is 1,590 to 1630.
After Wave (ⅳ) on the upper degree is completed, Wave (ⅴ) will start.
Wave (ⅴ) will probably be a 5th wave extension impulse.

Last time my idea.
■Sep 3, 2022. Short-term analysis.

■Jul 24, 2022. Long-term analysis.

■May 28, 2022. Short-term analysis.

■Mar 21, 2022. Short-term analysis.

■Feb 13, 2022. Short-term analysis.

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