XAUUSD Possible Short

FX:XAUUSD   Gold Spot / U.S. Dollar
347 3 17
XAUUSD             is in the end of Elliott Wave structure (according to my counting at least). I expect ABC correction coming soon. If it breaks structure and we get a correction it will be a great short opportunity.

In addition we have 4 hour regular divergence!

Thank you for your support everyone!
Comment: If it retest the broken trendline, probably i will add to this position, since i already have 1 (check my last XAUUSD idea update)
Comment: I did not added a position, however i moved my first's position SL within profit area to lock profits.
Risk free trade. I think before FED tonight, i will close it. I do not want to risk in high impact news
possible to enter sell possithion know... or need to breakout... Sir...
+1 Reply
NTrading rajenderam40
Thank you for your comment, i will personally wait for a breakout. If it breaks higher it means it has a bit more way to the top and then down, so i will wait for a breakout to the bottom.
+1 Reply
Thankyou very much......
+1 Reply
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