tradeZpirations

GOLD, XAUUSD-Day...End of (1st ?) Uptrend ???

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Uptrended via...

3rd wave (Primary, Black circle) = 261.8% projection of w1.
and ...5th wave = 161.8% projection of w1-w3. + AO-convergence of w3-w5 (green arrow, yellow-slate blue column) and bearish divergence within (red arrow).

Wait and see for open LONG around w(4)....@1400+- USD.

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