Gold is making a corrective structure in a downtrend. This 3 wave structure looks complete, there is bearish div present on the HTFs.
Good short setup from atleast a correction or breakdown to 2015 lows.
Watch for the breakdown from the below trendline and followed by a corrective structure for confirmation of the move down to 2015 lows to complete the monthly flat structure.
Good short setup from atleast a correction or breakdown to 2015 lows.
Watch for the breakdown from the below trendline and followed by a corrective structure for confirmation of the move down to 2015 lows to complete the monthly flat structure.
Note
This is looking corrective. May get another impulse up 
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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.