GOLD - Tracking Minor Waves of a Larger Wave 1

This minor wave update is part of the related Gold Short Trade Setup idea, see below.

These developing waves all fit the bearish view nicely.

A break of the magenta line will signify the start of a green Wave 3 down.

Monday\Tuesday waves are generally pretty slow to start the week but we should see some action shortly.

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Comment:

The low of the mini wave e was broken so we are now looking for lower prices in green wave 3.

Comment:

See updated minor waves idea.