SteveTan

GOLD short @ ≈ 1775 for end of running flat. 2/10/21

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
GOLD Probably forming a running flat pattern (a)(b)(c)(Red) in wave x (Green Circled).. Where price could reach at around 1775 which is the confluence zone of : - 1) Deviation of 233 EMA ( 2 EMA white line) 2) Upper Line of Channel (red) 3)At Resistance of the Re-action Line (Red Dashed) 4)At Supply Zone ( Red Rectangle Zone) .. Stop Lost for the running flat pattern setup is at 1787.05 which is the High of wave (a)(Red)..The First leg up of running flat pattern.
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