XAUUSD - updated analysis for the long position

Jun 18, 2021

I suppose that the wave (c) of B of (4) has started after the last waves that formed impulse and stopped in the zone of wave 4 of a smaller degree from the last impulse wave. There is also an alternative count that says the correction has ended by a triple zig-zag and the supposed wave B will be the wave (5). That is why the target is set on the resistance line on the top of wave (3). After its reaching we will see where the price will actually go