#XAUUSD Elliott Wave Analysis
Here's the cleaned-up version:
We called this decline getting tired a while back. One more push down, then the bigger turn.
The market is following the map. Bounce hit exactly at wave (iv), stopped right at channel resistance. Structure doing what structure does.
Now the final piece is loading. Wave (v) points toward 3,850, completing the (Y) leg of this whole correction.
There's an alt count worth respecting too. Price could stretch higher first, maybe one more test near 4,100 before rolling over. That changes the timing, not the destination.
Either path lands in the same zone. And when a correction this big finally ends, the move after it won't be small.
Stay with the channel. Don't chase the bounce. Let the final leg come to you.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Elliott Wave analysis involves subjective interpretation. Always do your own research and manage your risk accordingly.
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