XAUUSD profit booking followed from channel top 2532 for wave 5
timely explanation of wave 5 top and profit booking expectation read previous post

now expecting corrective wave ABC to follow...
of which wave A down in progress... made low near 2500
currently respecting the orderblock near 2500..
breaking of the same will bring weakness towards 2485


Wave B up should be taken as sell on rise opportunity.
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2498 low made today
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finally made low near 2484... target achieved...
Chart PatternsTrend AnalysisWave AnalysisXAUUSD
MDstockmagic

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