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NeeravYadav

Gold to see more Red

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
NeeravYadav Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Wave Analysis Gold short elliottwaveanalyis wave5
4
1
trendanalysis indicator waveanalysis gold short elliottwaveanalyis wave5
On short term basis, expect Gold to see atleast a move below 1891 level at once, with the current Elliott Wave progression being in Wave 4, either complete or continuing.
Comment:
15m : Went down precisely as expected, taking out Wave 3 low and hence achieving the minimum downside target.

Book partial profits and trail remaining position.

snapshot
Comment:
15m : Went down further, trail remaining shorts as the current leg is Wave 5 :
snapshot
Comment:
15m : More than 1.2% downmove since the original short entry, trail remaining shorts :
snapshot
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Author : Think with the Markets

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NeeravYadav
And the fall continues (Gold possibly to see more downside)
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