BA_Investments

XAUUSD SHORT TO 1570

Short
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Gold has been in a downtrend since August 2020. The first impulse move down completed at 1670 & since then we have seen a very slow and choppy correction back up towards 1870 which was wave 2. Currently looking for rejections around 1872-1875 before taking any short positions. I am expecting wave 3 to start here which will be the main trend all the way down to 1570. This will be a really strong crash down and will lead all the way into 2022.

I will be catching this move on behalf of myself & my Account Management investors within my Fund. My Tradingview profile has my contact details.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.