TheBull

Potential Bearish Butterfly on GOLD/USD

FX:XAUUSD   Gold Spot / U.S. Dollar
A potential bearish butterfly is forming. C must be confirmed. Wait for further conformation.
Update: 11:25: This shows how important to wait for a conformation. C that I currently placed on 0.618 was broken and went down to 0.786. I can not emphasize how important it is to wait for a conformation.
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