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Short

XAUUSD: WATING FOR THE SMALL CHANNEL BROKE TO CONFIRE BEAR

FX:XAUUSD   Gold / US-Dollar
260 0 12
Traders:

As chart shows, there are 3 channel for gold             to follow the trend right now.

Now gold             get the confirmation of bear by breaking the channel after hitting Y which is wave 3 of the small ascending channel .

Big trend alwasy start with the end of last small trend.

Consider this is a start for gold             to drop , easy to setup right now.

Less is more!
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