Fxprotrader
Long

Gold Two High Probability Setups

FX:XAUUSD   Gold Spot / U.S. Dollar
286 0 13
Crystal clear abc corrective pattern which allows us to take two trades. After a sharp impulsive move to the down price has retraced and formed waves A and B which seems to be over after a breakout and a consolidation. So our first trade could be a buy for wave C to be completed. If price reaches the descending trendline which represents a daily trend we should have the end of wave C (end of ABC pattern) and selling would be our second trade.
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