Hellena | GOLD (4H): LONG to 5000 area.XAU/USD SpotFX:XAUUSDHellena_TradeColleagues, judging by the structure, Wave IV appears to be complete, and we should now expect an upward Wave 1 of intermediate order; however, it is somewhat unclear how the correction in Wave 2 will play out. Perhaps the price will reach the 4900 area, then drop for a correction to 2500, and only then reach the target, or we may see it reach 5000 without any sharp corrections. Either way, I recommend only long positions. Manage your capital correctly and competently! Only enter trades based on reliable patterns!