faylee
Short

XAUUSD- Day chart/ Bullish butterfly,Wave 4

FX:XAUUSD   Gold / U.S. Dollar
330 7 18
In day chart, Wave 4 is on going, Wait for a bullish butterfly pattern was formed. Still short high.
Comment: if we're still looking for long term goal 1160-1150, a bounce to 61.8% or 88.6%, is for a deep fall in next week. That's what i expect- a butterfly pattern.
Comment: Wait for 1248, perhaps in next Mon or Tue.
snapshot


Hi Faylee. Thank you for your analysis. Attached are my analysis, appreciate your views on it.
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Nice analysis,agree!
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faylee wenshan
thank you, waiting for 1248 to short.
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I hung empty single 1254


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faylee Jia En Cai
yes, 1254 would be more perfact, but i just wondering not easy to reach.
Reply
The same idea ;)
Short below 1248$ target 1165$
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Yes, Pixi, that's fine! Now let's get ready for profit taking:)
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