Gold / U.S.dollar (XAUUSD) 4Hour Chart 1/5/2023 6:19:32(UTC+7)

Alternation

Gold / U.S.dollar (XAUUSD)

Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure:

Position: C or 3

Direction Next higher Degrees: Wave (II) of Motive

Wave Cancel invalid level: 2048.79

Details: Wave C is equal to wave A

Wave 3 is usually equal to 1.618 multiplied Length of wave 1

Kittiampon Somboonsod, CEWA