Omegadear27

Gold/XAUUSD Elliott Wave 1hr

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Building off my previous post...

Sometimes things are simpler than we think.

- Last week I identified Wave B (Blue), prior to the retracing Wave C (Black), too early!

- I had been wrestling with the idea all weekend. From my experience, the recent count didn't look 100% correct. It took me until market open, a few hours ago, to realize that price wasn't moving the way I anticipated. Therefor, I began to adjust accordingly.

We should be expecting a fall over to the downside relatively soon.
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