bsolitaire94

XAUUSD going to continue downward pattern!

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
So here is a better look at what I was describing as the continued pattern. As you can see above the most recent correction there are small counter trend lines where when broken followed by a heavy drop to the downside. It looks as if once it breaks through this last counter trend line it will have a continuation to the downside. Will wait for confirmation before jumping in!
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.