Price has completed a 5-wave structure to the upside and we are now expecting a 3-wave correction lower. This confluence with the recent break of the head and shoulder pattern.
While we are looking for a short trade, the longer term bias is still to the upside.
We shall look for a quick short, to buy into a longer term position on Gold.
While we are looking for a short trade, the longer term bias is still to the upside.
We shall look for a quick short, to buy into a longer term position on Gold.