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tonylouis_23

Is a correction in Gold imminent?

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
tonylouis_23  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold goldtrading goldidea goldusd goldshort goldanalysis goldforecast goldlong
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trendanalysis chartpattern waveanalysis gold goldtrading goldidea goldusd goldshort goldanalysis goldforecast goldlong
Looks like we are in the 5th wave according to the Elliot wave theory and moreover there is a negative RSI divergence as well. Indicating weakness in the momentum!


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