Basbaasfx

Gold Elliott wave analysis

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As indicated on the chart, Gold is bearish
We are under wave 5 and due to wave alternation principles
waves 1 and 2 didn't extended and the coming sub-wave 5 of 5 should extend
which will deliver us a good trading opportunities.

I can be at a wrong counting, kindly add your inputs in comments below

Thank you
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