SilverGuru

Gold correction looks ready

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The upside of gold since December 12 had been great.
For me, the best move right now is to hedge my position against this little pull back.

I think the upside after this correction will be huge. (3 wave)
Ill post an update as soon as i think the correction will be over.
Trade closed manually: Closed my hedge with a nice profit for the day.

I'll check tomorrow if we have broke the buy setup on the lower TF.

The trend is still bullish.