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XAUUSD: WATING FOR THE SMALL CHANNEL BROKE TO CONFIRE BEAR

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
12
Traders:

As chart shows, there are 3 channel for gold to follow the trend right now.

Now gold get the confirmation of bear by breaking the channel after hitting Y which is wave 3 of the small ascending channel.

Big trend alwasy start with the end of last small trend.

Consider this is a start for gold to drop , easy to setup right now.

Less is more!
Order cancelled

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