goldenhorn

Gold daily analysis one more down

goldenhorn Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
This two corrections looks like similar structure. Then we can see one more down before up move. Should wait for confirmation before entry.
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I have already stated that in the gold analysis I have done before, there must be a downward movement in before the big up movement. As you will see in the analysis, this forecast is exactly the same. But I do not think this down move has been completed yet. After a small upward movement as i showed in chart , we can see one more downward movement again towards the blue box in the chart.Lets wait and see.

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