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kryptowavetrader

Gold - Expecting some more downside before a bounce

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
kryptowavetrader Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold XAUUSD xauusdshort XAU goldtrading elliottwavecorrection elliottwavecount
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trendanalysis chartpattern indicator gold xauusd xauusdshort xau goldtrading elliottwavecorrection elliottwavecount
Gold has been moving sideways correcting the previous downtrend.
The X wave is still looking incomplete here , expecting one more leg down to around 1180 before a bounce up.
Comment:
Played out very well. Might go down a little but watch for this breakout for a long trade on gold.


snapshot

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