herdelphiniums
Short

GOLD; starting wave C of minor correction

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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GOLD has just finished 5 leg up on H1, now due for a C leg of an ABC correction.

5 waves down on H1 targeting green lines of Fib levels retracement.

And we should be ready for the big leg up targeting 1366-1400 levels.
Comment:
TP @ 1330
Comment:
Due to the retracement level of pink (ii), most likely only a wave 2 of blue 3.

Hence, this drop could go further.

Comments

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