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DJKOCMOHABT

Bearish: Elliott Wave on XAUUSD on the daily

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
DJKOCMOHABT Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Elliott Wave Gold XAUUSD
7
0
elliottwaves gold xauusd
Wave A was May 18-27. It was a wave A and not wave 2, because it had 5 sub-waves, not 3.

If wave C retraces 1.0 of wave A, XAUUSD will bottom at 1674.21.

If wave C retraces 1.618 of wave A, XAUUSD will bottom at 1630.10.
Comment:
Credits to Diditgoup for identifying wave legs March 19 - April 30
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