herdelphiniums

GOLD; one more drop before the big 4

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
We are currently doing the wave 5 of 3 in this recent drop. NOT time to long yet though.

According to my wave count, we will go for a retrace for blue (iv) , then one last leg down to sub $50 before we long for the BIG retracement (4) on H4.

Good to short @ lines indicated or when we finish ABC ( 3 waves up)

Will update TP once blue (iv) is done.
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