XAUUSD headed down to new low? Gold in trouble?
Judging by the EW count and the Fib ratios, I think the downtrend will continue
I have several zones marked for possible support/target prices.
Here is my ''big picture'' view
And a close up of what I am hoping to see for the next leg down.
I have several zones marked for possible support/target prices.
Here is my ''big picture'' view
And a close up of what I am hoping to see for the next leg down.
Note
Moving the right direction. Now due for a bounce since a 12345 down wave is complete. looking for this
Note
Microscopic waves not going quite a expected, but in the right direction Note
Maybe something like this 
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