R-L-A

Continuation of Down Trend on 1HR

Short
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
The gold seems to be rejected from 2045 to 2050 and it could continue its downward movement toward its next support which is lying at around 2020. This may be final impulsive wave on one hour chart or it may be not depends upon future price movement. Furthermore, TDI and Stochastic have also crossed down which increases chances further for bear impulsive moment.
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