GOLD 4H – Correction Still in Progress 🔄📉
Gold has yet to complete its correction, and my primary target remains the 38.80% Fibonacci retracement.
The structure suggests that we are likely to see three waves down, aligning with a standard corrective pattern.
✔️ Primary Expectation: A classic three-wave correction before the trend resumes.
✔️ Alternative Scenario: A potential flat correction, which is less favorable but still possible—keep it in mind!
Patience is key as we let the structure unfold. Stay prepared and adapt to the waves! 🌊✨