XAUUSD headed down? GOLD short entry zones
Gold bounced a bit as market when risk-off in sentiment.
But I think dont think that will last. I expect risk-on again very soon.
Dollar is still strong, and paying interest which Gold does not.
The red zones in my chart are possible short entry zones.
The green zones are of course take profit areas.
This is a follow up to my previous plan :
Still looking at the same targets, but my EW count for wave 4 in above chart has been invalidated. So I am expecting an ABCDE (instead of abc) for the wave 4.
Let see how this goes.
But I think dont think that will last. I expect risk-on again very soon.
Dollar is still strong, and paying interest which Gold does not.
The red zones in my chart are possible short entry zones.
The green zones are of course take profit areas.
This is a follow up to my previous plan :
Let see how this goes.
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