#XAUUSD - H1 - Elliott Wave Analysis

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#XAUUSD - H1 - Elliott Wave AnalysisGOLD / U.S. DOLLARFX_IDC:XAUUSDElliottWaveStrategyIn our last update, we showed you the Wave (4) rejection right at the 0.618 Fib on the 4H chart. Now, let's zoom in and look closer at the 1-hour timeframe. As you can see, the moment #XAUUSD corrected first minor correction perfectly, the bears took absolute control. The momentum is shifting exactly as planned. Planning is everything in trading; With proper planning, you will always be one step ahead.