Hellena | GOLD (4H): LONG to resistance 5200.
Since the movement continues and clearly shows no signs of reversing, I had to slightly revise the wave count, and it looks as if the impulse has been extended.
This means that the higher-order wave “3” has just ended or will end soon.
This means that wave “5” is not over yet and we should expect another update of the maximum.
I expect the gap at 4984.97 to be closed, after which I expect the rather important and strong level of 5200 to be reached.
Alternatively, wave “3” has not yet ended and should be expected at the same level of 5200.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!