In this video I have discussed the various possibilities that can play out in the Gold (XAU USD ) market.
In my previous forecast I was expecting that the market will turn around 1260 region which is exactly what happened.
It seems that the market is now going down in a corrective structure and should face support near the 1235 to 1220 region.
I have also discussed the alternate wave counts for gold here.
I will update further as the market progresses.
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