XAUUSD prediction based on elliott wave..buy on dip

XAUUSD in 5th wave on downside in a ending diagnol.

Downside support 2488-2485
upside immediate resistance 2407 and 2415

Post 5th wave on downside expecting impulse wave to start on upside..
so now be cautious in getting trap at lower levels..

Disclaimer : study is only for educational purpose and no trading recommendation.
Anmerkung
*** upside immediate resistance 2507 and 2515 ( mistake in writing above)
Anmerkung
low made near support 2485.. and till now bounced to 2495
Anmerkung
high made 2502
Chart PatternselliotwaveanalysisgoldpriceTrend AnalysisWave AnalysisXAUUSD

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