OANDA:XAUUSD   Gold Spot / U.S. Dollar
πŸ“ˆ XAUUSD Long Setup πŸ“ˆ

I'm identifying a potential long opportunity on XAUUSD based on Elliott Wave analysis.

πŸ” Wave Analysis:

We’ve completed waves (1), (2), and (3) with a recent low at the end of wave (3).

Now, I'm anticipating a corrective wave (4) which is expected to retrace to the 0.382 Fibonacci level around 2385.187.

🎯 Target:

Entering long around the 2385 level aiming for the continuation of the uptrend into wave (5).
Keep an eye on the retracement level and confirmation signals before entering the trade. πŸš€πŸ“Š

Trade closed: target reached

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