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UnknownUnicorn540299

Gold: High R/R short term setup

Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
UnknownUnicorn540299 Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Wave Analysis
7
0
waveanalysis
Refer to chart for short-term idea. 1 hour Close below 1262 invalidates idea.
Comment:
If target is not met on the upside, bullishness increase to very high levels at 1249, just as oil did at Opec meeting, hunting toward 70 as breakdown was too quick.
Comment:
Like this
snapshot
Comment:
Just setting sl = 1261 here, as at end of the trend in time drops may be violent
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