Jan. 9th – XAUUSD

Despite the holiday I am showing the daily time frame today to cover the intraday charts next week:
Black count is looking for a zigzag to complete (iv). Black wave b could develop as a triangle.
Notice that the 38% of black (iii) would match the area of micro ((4)) and subminuette iv, the four of one lesser degree.

Red count is expecting a triangle for wave (iv).
Sarah