Gold or XAU/USD possible scenario as dictated by Elliot wave

This is my view on Gold's future. Due to all the mayhem in the world right now the markets are seeing a lot of whipsawing and it can all be accounted for and predicted by using Elliot wave Theory. I believe it's going to continue its move to the downside for a while most likely until after the election and into the new year. Then after it reaches the area I highlighted I believe its going to make fresh all time highs. Now we wait and see good luck everyone.

Trade ativo:

will update soon but I have a closer target and a possible second entry