XAUUSD seems to be forming a large correction pattern taking the form of a cycle triple zigzag. The 1-hour timeframe shows the final part of the completed cycle intervening wave x, which is a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. There is a possibility that the cycle wave z also takes the form of a primary triple zigzag […]
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