1409 XAUUSD looking for end of ABC corrective wave to sell

14 sept. 2023

Hello traders,

Yesterday US CPI made a WIDE range movement for gold. The AB wave looks no good for trading intraday.
But it gives us a clue that 1908 right now could be a short-term support.
To finish the ABC corrective wave, I would prefer to gold go back to test Position C again and wait for a new signal to open sell

This time will target recent daily lows as our swing trade targets.

GOOD LUCK ON THIS SELLING PLAN.
LESS IS MORE!

14 sept. 2023

Note

ECB interest rate decision and US monthly retail sales are coming in later session.
Wait for more clues to confirm after that.

14 sept. 2023

Note

Going to break 1900.

14 sept. 2023

Note

Waiting for a retest of 1905-1908 to sell again to break 1900 ,down to new low.

15 sept. 2023

Note

Gold almost hit 1900 BUT then be reversed up again.
Later after morning session in Asia, I would make a new analysis on this situation.