cjwaves

gold may be topping in a diagonal

TVC:GOLD   CFDs on Gold (US$ / OZ)
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6
look for a healthy correction after this possible wedge plays (towards the previous wave iv or 50-61.8% or so) for a generous long entry and a 3rd wave
Comment: not super pretty but still valid, could be a good short entry for a short term trade, still expecting a correction downwards
Comment: not much new to add, below 1277 and it should begin correcting
Comment: time to wrap this trade up, might get to 1250 for a good long entry.

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