glennmercer

GOLD Wave Count: Bulls Be Cautious, Drop Likely to Continue!

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Hey traders, the wave count on the lower degrees agree with continued bearishness before a rebound. I expect bearishness thoguhout the week but this is speculation based on previous price action. The invalidation level is up around 1320 and a lot can happen in that range. Be cautious with any long positions until wave-C completes. Cheers!

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