Bleck

Short

FX:XAUUSD   None
As long as we do not break the (c) level of 1366, the next move should be to the down side but bearing in mind that we might go up first between 1300 - 1350 and then reverse.
If price breaks above 1366 i will re-label my chart as a big zigzag ( A, triangle B and C). Regardless of that possibility when either wave B ( current count) or when wave C ( alternate count) is over, the next major move should be down to around 700 ! Good luck
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