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MDstockmagic

XAUUSD GOLD Wave C down in progress

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
MDstockmagic Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Wave Analysis Chart Patterns
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waveanalysis chartpattern
XAUUSD 4H chart : trading in a channel with ABC CORRECTIVE WAVE..
of which wave C is in progress hence "sell on rise" mode..

Within WAVE C internal impulse 5 wave down in progress... of which wave 3 down in progress
confluence level comes near $2385.. if broken than more downside towards 2265-2250
Comment:
***confluence level comes near $2285
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