Gold update I think maybe it will be wave c of 2 for downtrend

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
85 4 4
Price look like very consolidation before change to down trend.

I think price is wave c of 2 of downtrend.

My plan will short around 1259 -1261

And target price will be down

1st target 1310
2nd target 1279

I believe it will down to target 2

Thank you

I think that Wave c of 2 not yet completed.

It should be price to test 1360-1365.

I think price will retrace to 1246 (EMA 90 line)

You can long again.

If you observe sto tf day. It still be signal to buy position

Maybe C of 2 downtrend is not yet completed.

I think that it will be rebound to come back 1260 again.

I think stochastic of time frame week will be tested 50%

Price gold is possibility to down at least 3 weeks.

I hope that
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