XAU.USD quick near term Update and Alert: Gold drop under weay

Quick plot to map the likely retrace points
Trade War news got a good twist, oh boy :(
Thus the instant drop, and should continue.

Of course, the supposed "good" news could be walked back any moment.
But I have been looking for a lower low per my previous plots already.
Will need to see how this develops, but currently I am thinking 1424-29:

.


Above is a mess but am fine tuning this plot below from November 18th

评论:

PING, there is the Impulse to start the next wave down

US jobs report was good, and may have been the proverbial "straw that broke the camels back"

I will post a new idea over the weekend after analysis of chart and news events.

As of right now, this HIGHER TF plot blow looks more and more valid now

.