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rasaqdayo

Possible Scenario

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
rasaqdayo Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Fibonacci Elliott Wave Pennant
3
0
fibonacci elliottwaves pennant
Possible Scenario. I will rather wait for lower lows in September for long
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Kindly ZOOM-IN to chart for details
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snapshot

Maybe a gramophone
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There is a potential support break and that would nullify abc retracement
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If EURUSD finds good support now at 1.17850 since we can see a bullish div. developing, then Gold may see more bullish retracement to 1850
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If 1820 resistance is broken, then wait for 1840 before selling
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Wee-wee this morning

Related Ideas

rasaqdayo
Not oversold yet
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