Gold Spot / U.S. Dollar
Short
Updated

5th down leg in XAUUSD

177
I'm expecting 5th down impulse wave, it will likely be an extended leg, because wave 1 and 3 are equal. I'm set less risky TP to 1200, after TP hit, you can partially close the position and move SL to breakeven, and wait for 1180 level. Good luck!
Trade closed: stop reached

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.