XAUUSD approaching resistance: Gold follow up

已更新
Previous analysis (below) caught a top perfectly.
The sharp drop continued through all three sessions.
Now we have the inevitable bounce, ty to N. Korea.

This is just a quick update with resistance zone about to be tested.
If it breaks through with ease, it could continue to next zone easily.
But I suspect the bounce is about done, and down move will continue.

Last Analysis looking for drop:
XAUUSD retrace UpDate: Gold has one small Leg down then UP ?


Bigger picture looking for new high
XAUUSD retrace watch: Gold has one more leg UP ?


注释
Decent looking rejection at top of band 快照 lets see if that was it ...

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注释
Beautiful: fib 1.618 nailed it within TWO CENTS! wow 快照

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注释
just broke below a tripple fib confluence at 02.14/15 快照 if retest rejects, look out below

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Elliott WaveFibonacciSupport and Resistance

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