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leeada2016
Aug 29, 2020 10:08 AM

gold Short

GoldOANDA

Description

about to head down after making 12 12 formation could be a larger wave a 5 waves down creating a larger wave 4 possibly unless possible cycle done this could be a start of a larger downtrend also. Time will show the path the last up move was on low volume and weak in comparison to impulsive moves prior. A bigger bull trap is made.
Comments
transparent-fx
currently gold is in range, and also has support here, we have to wait for proper confirmations :)
leeada2016
@transparent-fx, yes i am happy to wait in shorts from 2050 :) thank you
fra978
MoneybagsMcGee
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