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0109 Outlook of GOLD on NFP Friday

Hello traders,

GOLD did make us a good trade to finish WAVE B. Check with last idea on GOLD.

2808 XAUUSD going to finish Wave B up to fibo 1.27?


Now it is turning down from C which is the end of Wave B. And three support positions are marked out on this chart as selling targets.
So far I would only treat the new swing as a corrective wave unless it make a new low lower than low of Wave A.

GOOD LUCK ON THIS CORRECTION PLAN.
LESS IS MORE!
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תמונת-בזק
Dont forget the daily trend line that is powerful!

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