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UnknownUnicorn5158708

XAUUSD: Key Resistance @ 1611. Watch for Reversal.

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
UnknownUnicorn5158708  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Elliott Wave Wave Analysis Fibonacci elliotwaveanalysis elliottwaveprojection xausud goldidea goldelliottwave goldshort goldanalysis
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elliottwaves waveanalysis fibonacci elliotwaveanalysis elliottwaveprojection xausud goldidea goldelliottwave goldshort goldanalysis
Hi Traders,

It seems as if price may retest the most recent high at $1611. I'm looking at this current structure as a ABC regular flat, with the expectation that wave C will come in 5 waves.

Wait for clear confirmation before taking any sell positions.


Regards,
Wave Theorist
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