XAUUSD SELL ELLIOTT WAVE PATTERN

Here on Xauusd price has form an Elliott wave pattern and there is a big chance of falling since there is a rejection around area of 2569.193 . If line 2580.234 which stoploss break there is potential buy but as the price has not yet break chances of moving down is very big and going for SHORT is needed with targeting profit of 2559.561 and 2549.922 . Use money management .


XAUUSD SELL

SL 2580.234

TP 1 2559.561

TP 2 2549.922