AriasWave

GOLD - Wave 2 - Wave Revision - Red B Wave Almost Complete

OANDA:XAUUSD   Ouro/Dólar Americano
To keep this as realistic as possible I have reverted back to the leading diagonal scenario where Wave 1 ended in May.

Since then it appears we have seen 2 complex Zig Zags for Waves A and B.

So it appears that we are seeing an expanded Wave 2 correction.

If this is the case then Red Wave B is almost complete and we should expect to see a sharp C Wave to the downside.

A short trade opportunity is ahead so we will keep an eye out for that.

For the bigger picture see the link below for the Birds Eye View idea.

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