TheZabisyu

GOLD/ Entry

Short
TheZabisyu Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
In the last idea, I pointed out the possible target for Gold. Where do we find the Sell Entry?

My thought process is that now Gold falls down to approx 1419 lower than the previous low, and then we would see a leg up.
If you notice that happening you are welcome to sell once the leg up calms down.

If Gold drops without doing this, then be careful and don't enter yet.
Comment:
Went down more than expected but situation remains the same. No good sell as you see yet. Need to go up
Comment:
This is not correct. I don't like the behavior. The move-up was not enough.
If Gold slowly crawls its way down to 38.2 or somewhere close to it it may actually give a sharp move up. Be aware of that. No seel entry as of yet.
Comment:
Do not buy here yet.
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