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bglockzin

Elliot Wave ending diagonal nearing completion

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
bglockzin Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns
10
0
trendanalysis waveanalysis chartpattern
Had to adjust wave numbers due to price shooting up past previous A wave
Ending diagonal pattern forming in 5th wave of higher time frame market cycle
keep an eye on 2190-2200 for reversals
safest trade for sells once trend line is broken or when price breaks through wave 4
Comment:
"Throw over" of the upper trend line has occurred, will need further price action that the trend is reversing
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