WaveAnalysis

XAUUSD Short Trade Setup

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
It seems like we have a complete B as an expanding flat, and a reversal impulse. I'm waiting for a correction to take a short trade. I'm planning to hedge my trade around 1740. My target is 1920 for the completion of the higher degree correction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.