Gold M30 – Wave 5 down after the wave [4] top at 3925Gold vs US DollarIC:XAUUSDPatternChiefXAUUSD M30 – SELL idea Elliott: wave topped near 3925, just under the H1 wave target (3934). Wave 5 down is now in progress. Rejection at the top: Tweezers + Spinning top on M30. Price is back below the London open (3897). Entry: 3895 Stop: above 3913 Targets: T1 3870 – M30 bullish AB=CD zone (buyers may react here) T2 3849 – wave 3 target T3 3775 – H1 bullish AB=CD zone Invalidation: a close above 3934 cancels the wave 5 count. Not financial advice.