rko1983

WAVE 5 move down to form a double bottom

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In a cycle WXY correction I expect WAVE A in Cycle WAVE Y to form the final leg down as WAVE 5 of the A.

If this plays to the FIBs we could see a nice double bottom reversal into WAVE B.

What are your thoughts?

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