Tango1

Gold - Elliott Short

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold looks to making a corrective minor 4th wave.

If we take a minimal retracement the .382 fib, the price for gold is 1407.

Enter short at intraday level of price rejection and look to target 1400 as per chart....

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.