🟡 Chart Overview (XAU/USD – 1 Hour Timeframe):

This is a technical analysis of Gold (XAU/USD) using NEO Wave Theory (an advanced form of Elliott Wave analysis). The analysis was published by "Openi" and suggests the next potential price movements.

🔍 What the chart shows:

Current price is around 3,364.070

The market has completed waves a, b, c and is now expected to:

Pull back slightly (wave d)

Then go up again (wave e)

A small correction (wave f)

Followed by a strong move upwards (wave g) targeting around 3,540.000

This indicates a bullish outlook in the short term.

📈 Expected Movement Path:

Minor drop from the current level (Wave d)

Strong push upward (Wave e)

Short correction (Wave f)

Final bullish wave (Wave g) targeting a high near 3,540.000

⚠️ Important Notes:

This is a technical forecast, not a guaranteed outcome.

Wave patterns are probabilities, not certainties.

Always consider risk management and confirm with other signals before trading.

Would you like help:

Identifying buy/sell levels?

Creating a trading plan based on this?

Or understanding the wave structure in more detail?

Let me know!