Short gold
Updated
The picture is very clear as we can see that gold has completed a cycle of 5 wave and now is forming the zig zag correction A-B-C(5-3-5). Although the perfect opportunity to sell has been finished but look out for bigger pullbacks to enter short term position in gold
Comment
Although I won't recommend to short gold anymore instead wait for gold to complete ABC pattern then look for the oppurtunity to enter the new 5 wave cycle to the upDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.