Gold Spot / U.S. Dollar
Short

Change

1st september cycle completed and i'm expecting a reaction downwards. Obviously the price doesn't have the strenght i was expecting, so we might be settting up for a big downward move. But it wont happen before 8 September cycle is completed. I sold a small amout just to catch that reaction from the completion of the 1st september cycle and i will close at 3th or 4th september and then i will be waiting for 7th september cycle to go long and catch the 8 september cycle for a downwards move. I've placed some probbable price action for the sake of it. Good luck
Note
Studying the cycles behaviour, i strongly believe we are going to see big downward move next week, though i can't say for how long.
Note
Price is probbably going to give us another chance to sell at $2503. What's better than selling multiple times at the same level :D
snapshot

Disclaimer