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Wave-Trader
Dec 7, 2019 9:11 PM

XAUUSD Gold Setting up for another breakdown  Short

GoldOANDA

Description

Hi there,

Gold is falling slowly slowly and setting up for another breakdown.

As long as Gold keep forming correction for downside stay bearish. Sharp breakup the bearish trend line will let the next bullish impulse to start.

As long as fundamentals keeps getting better stay short. If US and China Trade War get worse then Gold can breakup for next impulse. We are having FED rate decision next week Watch Gold to break lower during that or Gold to break lower on 15 DECEMBER Tariffs delay.

Good Luck

Trade with Care

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Comments
alifx01
Lionheart-EWA
What are you gonna do now? How about your members? Way off...and we are talking about Gold...shame
Lionheart-EWA
Yes, thank you, but I went bullish.
Lionheart-EWA
This is how the sequence looks like, not how you see it.
Lionheart-EWA
north01
totally wrong
NewCryptoEarth
Thanks for your analysis.
Are you long term bullish on gold after a medium term correction?
Saeed966
Good job

asgcorp
ultimate trade plan for gold and outlook for dec2019.
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