GOLD (XAUUSD) is ready to resume SELL
Reasons to sell
A correction pattern according to Elliot wave theory has been counted vividly as shown on the chart
We also have a complete harmonic pattern at the 50% fib. level of the whole impulse swing.
Expecting Gold to fall for Wave 3 or wave C as long as the invalidation level is not broken
Therefore we are trading either wave 4 correction or we are trading anew impulse wave
Write in the comments all your questions and any instruments you want me to analyze .
Kindly push the like button if you think the idea is useful - that would be the best THANK YOU.
Thank you.
A correction pattern according to Elliot wave theory has been counted vividly as shown on the chart
We also have a complete harmonic pattern at the 50% fib. level of the whole impulse swing.
Expecting Gold to fall for Wave 3 or wave C as long as the invalidation level is not broken
Therefore we are trading either wave 4 correction or we are trading anew impulse wave
Write in the comments all your questions and any instruments you want me to analyze .
Kindly push the like button if you think the idea is useful - that would be the best THANK YOU.
Thank you.
Trade active:
Gold @ NICE ENTRY POINT NOW
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