#GOLD | XAUUSD
Medium Count (New Update):
From my point of view, Gold is approaching a potential bottom, and I am starting to accumulate spot positions from today.
My plan is to continue accumulating spot until the price reaches the 3,500–3,400 zone. I believe this could be where the current fourth wave completes, potentially forming a WXY corrective structure.
Once the fourth wave is complete, I expect a major fifth-wave expansion to the upside, which could trigger a significant bullish move.
My longer-term target is a potential 2x move, around 7000$ which I believe could play out over the next two years.
#XAUUSD #XAU
Medium Count (New Update):
From my point of view, Gold is approaching a potential bottom, and I am starting to accumulate spot positions from today.
My plan is to continue accumulating spot until the price reaches the 3,500–3,400 zone. I believe this could be where the current fourth wave completes, potentially forming a WXY corrective structure.
Once the fourth wave is complete, I expect a major fifth-wave expansion to the upside, which could trigger a significant bullish move.
My longer-term target is a potential 2x move, around 7000$ which I believe could play out over the next two years.
#XAUUSD #XAU
