ASAMForex

MARKET OUTLOOK ON GOLD (XAUUSD).

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
From Monday I'm looking for the possible market rise to the indicated level in price chart followed by a very powerful fall. A short rise is in completion of wave C of the ABC up. Expected potential fall is expected to be fifth wave of the 12345 down. Or it can be wave wave Y of the WXY down.

Watch all key areas indicated in price chart for all potential price turns. Remember this is not trading advice, therefore you have to do your own analysis before you decide to get into the market.

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