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Forexian

Gold in the way of 5th wave?

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
Forexian Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Wave Analysis Gold wauusd
2
0
chartpattern waveanalysis gold wauusd
Looking at the daily chart and assuming my wave count is correct, seems gold has not completed its 5th wave.
The current place is the perfect place to go for the 5th wave and test the previous low at the same time (look at the images below)
Comment:
Daily view of the downtrend:

snapshot
Comment:
H4 view of the possible 3 wave correction:

snapshot
Comment:
Daily view, 27% and previous low:

snapshot
Comment:
Taking the trade on 1H

Gold short term to long term short
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