samuelkken
Short

the 4th corrective wave is taking double flat shape

FX:XAUUSD   Gold Spot / U.S. Dollar
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Gold is in 4th wave, its taking a shape of double flat, which might have ended at 1206 area or it can still go deeper to 1235 area, so to join sellers, you either look for a pull back to trend line and enter a position(this will make your stop loss very large), if the trend line breaks upwards, then 1235 will be the best entry to join wave 5 has started. target 1130 to 1119
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