EuroMotif

XAU.USD quick near term Update and Alert: Gold drop under weay

EuroMotif Mod Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Quick plot to map the likely retrace points
Trade War news got a good twist, oh boy :(
Thus the instant drop, and should continue.

Of course, the supposed "good" news could be walked back any moment.
But I have been looking for a lower low per my previous plots already.
Will need to see how this develops, but currently I am thinking 1424-29:
.


Above is a mess but am fine tuning this plot below from November 18th
Comment:
PING, there is the Impulse to start the next wave down US jobs report was good, and may have been the proverbial "straw that broke the camels back"

I will post a new idea over the weekend after analysis of chart and news events.

As of right now, this HIGHER TF plot blow looks more and more valid now .

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