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rasaqdayo

Wave 4 is and ABC; SELL @1950 for 1820. AND BUY 1815 for wave 5

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
rasaqdayo Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Fibonacci Elliott Wave
13
7
fibonacci elliottwaves
Wave 4 is and ABC; SELL @1950 for 1820. AND BUY 1815 for wave 5. See wave count and targets in the chart
Order cancelled:
Wave count nullified once we touch 1962
Comment:
Close above 1962
Comment:
Friday bullish move was very limited versus expectation. Maybe bulls are cautious since technical says downward correction is looming. The worst scenario is we zig-zag through the week upward or we go down straight. Dont expect a sudden rally at all

Related Ideas

rasaqdayo
Maybe we would have a triangle ABC for wave 4
rasaqdayo
Updating Gold Wave count.
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