Get started
SolomonsView

$XAUUSD #GOLD headed down

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
SolomonsView Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Wave Analysis Gold mcxgold XAUUSD
4
1
waveanalysis gold mcxgold xauusd
The sideways action in GOLD is not a Wave 4 triangle as assumed earlier. A Wave 4 triangle should have resulted in a swift move up, this has not been the case. This is turning out to be a Wave B triangle , so a Wave C to the downside is the next expected move.
Trade closed: target reached:
Closing position
Short Entry 1931
Profit Ex 1868
Michael @ SolomonsView

Twitter - @SolomonsView
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.