ModTrades

THE FINAL HIGH OF THE GOLD HAS BEEN LOCKED

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
There we go, I was wrong with the 123%,127% for the final high of the gold, it only played in this zone.

Gold went to actually reach the 161,8% objective for the C of the B.
Within the C, we can tell an ABC pattern, where the C almost reached the 161% too.

The RSI in now overvalued.

Let's see how far XAUUSD will drop

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