WizardBull

XAUUSD ....CORRELATED WITH BTC? I THINK GOLD IS 2 MONTHS BEHIND.

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
I know it seems weird, but I see a fractal

Beyond that daily timeframe moving averages look extremely bearish. My first glance call is to short gold to 1380 area, and probably lower.

Preliminary target is 1380-1400. Cheers and happy trading.



Attached below is my btc short idea from a few months back. Its hard to display on a chart, but if you look side by side it appears gold is at the end of the bearish consolidation that BTC was in around 10k

!!!!!!!
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