Gold - correction in 4th wave

CMP: 3530
TF: 4 Hours

Dont jump to buy at this price.. Ideally the price should move below 3500 to complete the 4th wave correction..

EW counts and Pitchfork set ups are marked for the possible target location

Remember, this fall will be zigzag or complex.. so whipsaws can be seen often.

Sharing this to time your entry for LONG.. Dont short just because it is heading lower..

One can wait and ride the 5th wave up.. Mostly euphoric..

Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.