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DollarPipsFX

Possible BUY setup IF price Retraces (ELLIOT WAVE)

Long
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
DollarPipsFX  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns
2
1
trendanalysis waveanalysis chartpattern
I'm hoping for price to drop down to as my red arrow as that would mean price was doing a FLAT for the Minor Wave 2 within the C LEG of my Zigzag. If that's the case I'll be buying at the the end of the FLAT structure for Minor Wave 2 and riding the price till it completes all 5 waves of the C LEG of the zigzag.
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