thenry

More to the Downside (Short Term)

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
14
Still believe Gold has more to the downside. Currently in a correction upwards to the 1253.00 area. After this correction I can see it moving down to the 1229.00 area before we progress upwards. Appears to at least be simulating a "Ending diagonal" ("C" wave down). If correct should move upwards quite fast.
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