XAUUSD headed down to new low? Gold in trouble?
Judging by the EW count and the Fib ratios, I think the downtrend will continue
I have several zones marked for possible support/target prices.
Here is my ''big picture'' view
And a close up of what I am hoping to see for the next leg down.
I have several zones marked for possible support/target prices.
Here is my ''big picture'' view
And a close up of what I am hoping to see for the next leg down.
Note
Moving the right direction. Now due for a bounce since a 12345 down wave is complete. looking for this
Note
Microscopic waves not going quite a expected, but in the right direction Note
Maybe something like this 
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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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.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
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.