In this video I have discussed 4 possible Elliott Wave Counts that I think can play out in Gold (XAU USD) in the month of July 2017.
For better understanding view my last video report here : Last Gold Video Report.
As per the discussion we have the Hypo 1 : Gold in Wave 5 of Impulse and will move down.
Hypo 2 : Gold moving in Double Zig Zag down
Hypo 3 : Gold moving down in Triple Zig Zag corrective pattern.
Hypo 4 : Double Zig Zag in XAU USD complete and the market to move up.
As you can see among all the counts only one is pointing in the upward direction.
I have also discussed all the important levels to look from a trading perspective.
I will update further as this market progresses.
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