Gold - LTF Bearish Scenario

Gold may need a deeper pull back to achieve pricing above 1950. Possible rejection at 1938-1942.

Should price reject, I expect to see a continued move back towards 1900 completing the WXY before rising to +1950 levels.

Bullish move is yet to be to complete on HTF.

Trade safe and I hope you have a good end to the weekend.
BeyondEdge
Beyond Technical AnalysiselliottwaveprojectionGoldTrend Analysiswave4Wave AnalysisXAUUSD

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