XAUUSD is at a turning point, SHORT

Gold is facing heavy selling pressure. If you know how to count waves, you should clearly notice the 9 waves up from 4 hour charts.

Plan 1: selling range from my chart
Plan 2: if Gold breaks up, but cannot rip through 1850, still short


Target range: 1800, 1780, 1760-1750..


Good luck!

Kommentera:

People need to take "TIME" into consideration when trading. If shorts dominate at this pricing, the "correction" should take anywhere between 2-4 weeks.

Don't rush into trading just yet, watch and wait for confirmation and validation.

Kommentera:

TP 1 reached at 1800