thenry

Bad News Bears

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
7
Despite there is a lot of Bulls looking for a move to the upside, still believe we have one last move to the downside. Looking currently at a corrective move to the upside (perhaps the 1156.00 area) Appears to be an ABC with the "C" wave being an "Expanding Diagonal". After that we should again see another new low.
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