XAUUSD SHORT TO 1840

Gold has just completed a 5 wave, bullish impulse move. Gold is currently really overbought hence why I am now expecting a correction. A correction is always complete after price drops back below Wave 4 and fills all the imbalance created on the move up. In this scenario, I would expect Gold to drop to 1840-1836 in order to complete the corrective wave.

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