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Gold Short Trading Opportunities (Elliott Wave Analysis)

FX:XAUUSD   골드 스팟 / 미국 달러
In this article I will be discussing my Main Elliott Wave Count for the Gold Market.
It seems that we are in corrective Wave 2 and within this Wave 2 we are just about to complete Wave B.

We should look for reversal near the 1240 region and and if a reversal occurs as I expect it to then the market should turn around and achieve levels uptill 1176.

SL can be place above 1246 and if this opportunity occurs then this would be a very good risk to reward trade setup as you can see.

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Author : Think with the Markets
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