greanhoon

Gold wave idea

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
I think gold is going under a big correction A B C

Completed wave A unfold as impulsive

Completed or neary complete wave B unfold as triangle

Wave C will begin in the next few week

I have short position around 1336 and stop above C of triangle

Target price of the bat pattern around 1220-1240. Rrr 5:1

Cheers

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