Retrace to 2340 set up
1. Stoch rsi oversold
2. Bearish wave count (current D leg, looking for retrace to E leg at minimum)
3. Bearish AB=CD pattern set up at bottom of the chart by Stoch RSI & VWMACD
4. 2360 was my sell zone from 2325-2360. This level must hold as support, or gold flushes to 2300..
Also gold bear etfs supports a gold retrace, along with bearish sentiment on
GLD in which I have a sell set up for $210
2. Bearish wave count (current D leg, looking for retrace to E leg at minimum)
3. Bearish AB=CD pattern set up at bottom of the chart by Stoch RSI & VWMACD
4. 2360 was my sell zone from 2325-2360. This level must hold as support, or gold flushes to 2300..
Also gold bear etfs supports a gold retrace, along with bearish sentiment on
GLD in which I have a sell set up for $210
Penafian
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