jafelco
Short

Short XAUUSD continuation after correction from yesterday

FX:XAUUSD   Gold / U.S. Dollar
54 1 0
prepare to go short XAUUSD             after ABC correction ends (note on chart) . This is a continuation of an Idea I published yesterday. It just happened to work out so this may work out too. if you have a different idea please let me know
Comment: 15 minute chart
I am watching the XAUUSD trade lower into wave . There is still a chance to go short. there should be a pull back at wave 2 before wave 30 thi trade on the 15 minute chart goes along with intermediate and long term trend. I think it has good potential.
wave 0-1 5/3/00:30:00 to 0415:00
wave 1-2 5/3/00 0415:00 to 05:15:00
wave 2-3 5/3/00 05:15:00 to 05/4/16 03:45:00
wave 3-4 5/3/00 05:15:00 to 05/4/16 03:45:00
wave 4 ended 05/4/16 @06:30
wave 5 was 5/4/16 @06:30:00 to f10:30:00
wave ABC correction was 5/4/16 10:30:00 to
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