Wave-Trader

XAUUSD Sell breakdown

Short
Wave-Trader Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi there,

If you have seen our Gold chart for longer term forecast then i am sure you are aware what we are looking for on Gold at top.

This is a short term sell which can turn into very nice longer term short as well.

How you can trade on this chart.

1. Wait for the correction to complete and sell it before it breaks

or

2. Sell the breakdown of the correction

In case price is not going to complete the correction and going to test the impulse generation point or goin to retrace 100 percent of 15 minutes impulse then sell it from the previous high.

Dont miss this opportunity

Good Luck and share with others.
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