OANDA:XAUUSD   Gold Spot / U.S. Dollar
you can sell gold now. but that will be a short term trade. however this trade is a long term. target is at LEAST the all time high which is around 2075. sl is 1753 for now. this is an elliott wave setup. those familiar with waves knows what is termed as extension. price is currently in wave 3 of 5. however wave 3 is extended hence it's going to take a longer time and price target is also going to be wide. im expecting price to enter 2300 region. apply risk management. remember to stay safe too.
HAPPY NEW YEAR FOLKS
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.