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pod98

Nearing the end of wave 5

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
pod98  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Technical Indicators Elliott Wave
3
0
trendanalysis indicator elliottwaves
Counting 5 waves with the 5th possibly ending in the ranges of 1614 to 1630.
Both the weekly and daily charts show signs of bearish divergence on the RSI signalling that bulls are weakening.
Weekly histogram is downticking.

What are your thoughts?
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