Wave-Trader
Short

XAUUSD sell the breakout

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hi there,

Same setup like other USD pairs.

Sell the breakout.

Close above the previous high will invalidate the setup.

One more wave up is possible if so watch double top for sell.

Good Luck
Comment: Watch previous low for further downside.
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so now we facing 1326 ? will gold price have some support with the gov close ?
which positions you suggest for short now ?
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if now ... what positions is good if i want to follow the short
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Good setup. Seems to be a rising wedge as well
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Thank you
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Thankyou
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