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aibek
Dec 5, 2017 9:24 AM

Gold (XAU/USD). Triangle. Could drop lower. Target 1230-1193  Short

TVC:GOLD1D
GOLD (US$/OZ)TVC

Description

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Gold is losing time within the triangle consolidation.
Breakdown would ignite the drop to the target area within the white rectangle (1230-1193).
That area represents the 0.618-1.00 of wave A in wave C.
Wave AnalysisChart PatternsGoldXAUXAUUSD
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