aibek
Short

Gold. Target 1145/1102. Risk 1308.

FX:XAUUSD   Gold Spot / U.S. Dollar
Detailed annotations are on the chart.
Trade closed manually: wrong count. think this one is better.
Your C is disproportionate to A or B I think.
Doesn't this concern you?
Other than that, the trendline seems to be respected so far.
I think we will see the pullback you anticipate, whatever the count may be.
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aibek IvanLabrie
Thank you. Yes C is quite large but I think it's possible. Below support we will have a drop. It could be healthy for bulls to let some steam out.
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