GOLD SPOT USD looks like selling pressure below 1700
if 1700 break and fall down wait for retest the 1700 for good selling pressure
ABOVE 1730 We Wil get Buy Signal , If the retest fail after 1730 break then selling signal pressure comes
Gold is near to complete correction very soon but only after making new lows as per Elliott wave counts which are suggesting to go short now, on completion of wave 4 it can be an opportunity to buy at lower prices to ride possible start of wave 5 can make fresh impulsive moves of some lower degrees. Right now it is in sell mode only, and can slide south towards $...