XAUUSD - Short
Could be WXYX with the zed yed to come, but either way if you give it some room you probably won't get hurt being short. Still a much larger correction in play and probably have to make a lower low before heading higher in earnest. This is analysis, not specifying a short but rather watch price action and make decision then.
Note
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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.