XAUUSD based on chart given on weekly i have seen 5 motive wave up and currently waiting for comfirmation if wave 5 of i was completed or not.. based on chart below we can see the market already travel until fibo 61.8% of wave 1-3.. and i have seen some rejection at that level which is 1703.93.. based on this im assuming that the motive wave was already completed and waiting for drop to make a bigger correction of wave A B and C to complete wave ii..
my personal oppinion look at lower TimeFrame to fine Structure Breakout to short and place STOP LOSS at the last high seen on the chart TQ.
my personal oppinion look at lower TimeFrame to fine Structure Breakout to short and place STOP LOSS at the last high seen on the chart TQ.