WaveAlchemy
Long

XAUUSD 4 HOUR BULL (MINOR ALTERNATE 1)

FX:XAUUSD   Gold / US-Dollar
101 0 5
Hi all,

This wave count states that 1) minor 4 has unfolded as a double zigzag and 2) minor 5 is underway as a regular motive structure.

In building the case for Primary C red level 2 termination, a clear complex zig zag can be counted for minor 4.

Termination level 1 has been discounted.
Kommentar: I notice I have mistakenly subdivided Primary into Minor instead of Intermediate. This is a small error. It doesn't change any of the structures. I will continue labelling the subdivisions as minor.
Kommentar: *count invalidated*

Subsequent ideas under this thread will be discounted (namely minute counts).

We will turn to a recalculation @ minor degree titled *XAUUSD MINOR ALTERNATE 3*, which is a slight modification of *XAUUSD MINOR ALTERNATE 2*.
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