FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD mostly gave us target on this week (we close position on 1211.45 instead 1217.00) and started to decline.

Formed C wave is 62% of A wave - it's truncated wave C. Futhermore it means correction is over and we gonna be ready for new LOW on market.

Shiff lines are on chart - initial line breakout is last element confirming a reverse in local scale.

I'm going to take some SHORT next week - exact signals will be piblished for my close Telegram channel members.

Готовые идеи и знания для самостоятельной торговли:

Telegram t.me/abramenkotrade
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.