GOLD Bearish Possibility

OANDA:XAUUSD   Gold Spot / U.S. Dollar
The Elliott wave which reflect Market participant's psychology is in the middle of Bearish , in Intermediate range (on the way of Wave 3 - blue Waves), But if its initial impulse (Wave 1 - Blue) is broken, then we need to consider that there's a change in sentiments. But so far, Bearish position should be safest way for Gold to trade

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.