OwenMohd

Gold end-Jan 2020 (Mid-Term Correction)

OwenMohd Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
There's a decent setup to build short positions from 1574 to 1580.

Its taking awhile for daily correction to kick in because there's a mini uptrend wave that needs to complete before correction.
Comment:
New short zone: 1579-86

Trade active:
New pattern may have formed. Bears have been hammering daily support for too long so bear correction may have already started. Shorted here at 60-65

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