GOLD dump fractal TP 2555 USD TP/SL

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🔸Hello guys , today let's review 2hour price chart for gold. Today
we got a breakdown of key s/r level at 2630 usd this in turn
exposes further downside in GOLD market.

🔸DUMP fractal in progress, speculative 5 wave impulse sequence
wave 1 completed at 2630 USD, wave 2 at 2665 usd currently
wave 3 in progress target for wave 3 is 2580 USD. Wave 4 bounce
completes at 2625 usd and finally the wave 5 selling completes
at/near 2555 USD.

🔸Based on the above I recommend to focus on short selling bounces
in wave 4 once wave3 completes / is confirmed at 2585 usd.

🔸Recommended strategy BEARS: wait for wave 3 to be confirmed
by a print at 2585 usd, short sell into bounce near 2625 USD TP
2555 USD. Bulls should wait for the 5 wave impulse to complete
at 2555 USD and enter BUY/HOLD trade SL at 2525 TP1 2575 TP2 2625.

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