Gold Spot / U.S. Dollar
Long
Updated

XAUUSD: going to wait for wave 3 top to the arrow

Traders,

Xmas is coming soon. Holiday issue making price move slow or perhaps will sharp down and up.
But most important thing is to stick on your plan and risk management.
For gold , we had a wave 1 up to 1262.
A corrective wave 2 is coming soon, as you can see RSI DIV for the blue ascending channel.
Next Jan, wave 3 will help GOLD approaching higher position.
Wise traders will wait for the entry signal to long gold again.

Merry Xmas!
Less is more!
Note
I am sorry, its red ascending channel.
Trade active

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