Fernandobeast

XAUUSD high potential shorting opportunity Shark pattern

Short
Fernandobeast Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
News are all over the world about Gold performance recently, it might go up however, everybody is buying gold shows no sign of slowing down. Question is where is the liquitity for it? why there are few spikes at downside? short it to death
Comment:
Elliott wave 5 confirmed , exactly on Shark 1.13 plus 75 pips hesitation zone.
MON&TUE mostly likely will confirm wave A, looking for wave B to sell which if closed above wave 5 considered failure setup
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.