GoldDiggin

Opportunity to Short This Exhaustion

Short
GoldDiggin Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Price is currently showing some sign of exhaustion in the resistant zone and that correlates well with the end of the small 5 wave impulse. This might be an indication of the correction to support which is at least 50% Fibonacci level.
I expect it to reach first support at 1787 around New York session today.
Trade closed: target reached
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