Has the Bullish Move Really Begun?GoldOANDA:XAUUSDWavePoint_FX The WXY corrective structure has still not reached the current wave count invalidation zone. The current bullish move could be wave 1 or wave A. After this move is completed, we expect a corrective pullback, which could form wave 2 or wave B. The previous bearish candle created a bullish Order Block. We are particularly interested in the upper 50% of this OB. Price may retrace into this area, but it should not close below the 50% level of the Order Block. There are two important target zones above: 4052–4057 4092–4100 These are the potential upside targets for the current bullish move. If the bullish move ends within the 4052–4057 zone, the current structure could develop into an ABC corrective pattern. However, if price continues higher and reaches the 4092–4100 zone, the current bullish move could be wave 3 of a new five-wave impulse structure.