FUNTRADER-Vera

1704 XAUUSD end of waves for new swing of $100-$200

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD has made a very long-term uptrend with grand super wave up since Jan 2019.
1747, the new high in years, seems become the end of the uptrend so far with RSI DIV on daily chart.
That end is also the end of ABC wave it just finished in 2020 at the end of fibo 1.414-1.618 level.

Follow those arrow could be much safer now.
Those arrows might bring GOLD down by $100 for the 1st impulse leg and $200 for the 2nd.

Good luck on finding your entry and keep safe.
LESS IS MORE!

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