GOLD XAUUSD potential short term scenario
GOLD is giving us short term correction as expected. Pull back looks incomplete at the moment. While below 2011.8 high GOLD can extend down toward 1943-1901 which will be next zone for buyers. From there we can see either rally toward new highs or 3 waves bounce at least.
Don't like selling. Short term trend line has been already broken and pivot at 2011.8 looks weak. If that level gives up, pull back can be already done, or alternatively doing irregular flat pattern
Don't like selling. Short term trend line has been already broken and pivot at 2011.8 looks weak. If that level gives up, pull back can be already done, or alternatively doing irregular flat pattern
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