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Jushan

Gold: Waiting for better Long Position

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
Jushan  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Wave Analysis Gann Bearish Patterns Bearish Pennant Gold short LONG XAUUSD
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chartpattern waveanalysis gann bearish bearishpennant gold short long xauusd
GOLD is consolidating inside the Bearish Pennant.
Expecting to finish the wave count at around 1789/ 1792 and continue down to 1753/1755.
Hoping to find a good support there, if not 1730-1740 area is next big support off the main Trend line.

This is my view based on what I have observed as of current. All constructive comments are welcome.

Disclaimer: This is not a financial/ Trading advice.
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