2809 XAUUSD GOLD break down to a new low but

Hello traders,

GOLD has reach the FIBO ext 2.27 POSITION of last wave A.
This is a position only usually hit on a strong trend like this bearish trend for GOLD.

This is a not a position to open sell for your own account safe. But you could try if you prefer to trade on a smaller timeframe chart.

Now we are checking Fibo 382 position for BC wave to pull back if C is ending there.
A new leg down could happen after the correction.

GOOD LUCK!!!
LESS IS MORE!