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MC_Mike_Trading

XAU/USD

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
MC_Mike_Trading Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis XAUUSD shorttrade
10
2
trendanalysis chartpattern waveanalysis xauusd shorttrade
Timeframe: 4 hr
Trend: Up, turning sideways

Possible correction coming if price falls from current levels and breaks the neckline, possible short to 1496 and 1478. If 1478 fails then look for 1460 for strong support
Comment:
Price is moving down nicely after pumping to the upside
Comment:
Look for a retest at 1496 and if rejected look for a test at 1478
Comment:
Price has sailed down past 1478, look for a touch at 1460
Comment:
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