The market Sentiment is totally about Short and today XAUUSD only did correction and completed 4th wave tomorrow an impulse to the downward trend is expected and it can go potentially downwards in my point view it has completed ending diagonal and correction is side ways which means a steep decline (expected potentially) but more confirmations are needed i had been in a position to short expecting it has completed its correction but then i realized that it has only completed 4 waves inside a wedge and going for E wave and had -ve pips i would recommend to short on retest of trend line potential short is expected...fingers Crossed ...
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.