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XAUUSD 22072019

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C of the B is almost completing. Get ready to SELL GOLD !!!
Share your thoughts and observation in comments session :)

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Is going going down from here?

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BULL TRAP or UP TREND ? time will tell

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looks like it has still upside left, but not much

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so far so good. moving higher to complete wave 5

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last 5 waves up? lets see

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2 counts presented. Either ABC (blue) still GOING ON or 12345 (red) GOING ON

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everything i see now is showing me its bearish :)

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so far so good. question is what's next?

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So far so good. I feel it will still push down to target area

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WXY played nicely.

either Y completed or another small push down to target area

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Either doing the While ABC or Yellow 12345.
Both going down to target area.

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GOLD took some time, but did go to target area around 1524 area and bounced. Last push down to complete either the ABC red or 12345 yellow.

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lets see if this plays out :)

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are we ready to move down yet?

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time for retracement, then DOWN it goes to 1450 range

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I don't think it will punch thru the H&S at 1st attempt. lets see what happens

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rajeh13

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