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Bearish: Elliott Wave on XAUUSD on the daily
XAUUSD
, 60
Short
XAUUSD: Bearish: Elliott Wave on XAUUSD on the daily
Updated 

Wave A was May 18-27. It was a wave A and not wave 2, because it had 5 sub-waves, not 3. If wave C retraces 1.0 of wave A, XAUUSD will bottom at 1674.21. If wave C retraces 1.618 of wave A, XAUUSD will bottom at 1630.10.

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