TimeWaveTrading

(Time Wave) Gold hasn't finished rising yet.

FX:XAUUSD   Gold Spot / U.S. Dollar
Hello.

In gold, the structure of the correction is extended to complex W-X-Y.
It will likely go from a simple expanded flat at first to a complex running flat or expanded flat today.
When the correction is completed, a rising wave may come out once more,
Short-term sells can be risky.

Since gold is in a weekly or monthly downtrend, the big trend is a downtrend,
To create a weekly or monthly correction trend line of an additional downtrend
It is also a situation in which a temporary rising impulse can occur.

good luck.
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