Gold waiting for a correction for a sell setup

Short

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

Updated

FX:XAUUSD Gold Spot / U.S. Dollar

Elliott Wave

elliottwaves

Hi Guys, Gold is in a 240 up trend. It is now making a correction which could break out of the lower trend. I will wait for a corrective move up before selling. A 60min flag might be a nice sell setup.

Trade with care
Thank you for your support.

Comment:

snapshot

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