GOLD; Waiting for an impulse C leg to complete

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

XAUUSD

xauusd

Could be a triangle or a flat, but looks more like a flat correction to me now

Short gold at green lines or top of channel for wave 5 of 3 on H4

Comment:

snapshot

Wave 5 of C only has 3 waves so far. One more leg up targeting to short @ 1274, which is also .382

Comment:

snapshot

1278$

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.