Tutur

GOLD In Triangle - Short-term outlook (Elliott-Waves)

Tutur Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold is in a big parallel channel. On a short-term view, we have a nice triangle. Waves a,b,c,d,e are completed. I would be short on a very short-term until it bounces on 50/61% Fibonacci. This could give us the A leg of the correction wave within the channel.
WATCH US FED DECISIONS and anything related to the USD performance (trade wars, interest rates, bonds yield, etc.).
Trade active:
Little flag pattern, uptrend will resume.
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