The short term trend of gold looks to be down. After price dropped significantly from the past few weeks gold might be looking to correct that move before rallying down to the direction of the short term trend.
As far as price is unfolding I am assuming that wave C is in advance and targeting the 50% and 61.8% for resistance.
As far as price is unfolding I am assuming that wave C is in advance and targeting the 50% and 61.8% for resistance.
