What Happens Next? Going short is logical?Gold vs US DollarPEPPERSTONE:XAUUSDForexFox_SAIt seems, we have finished a 5 wave impulse and an ABC zigzag type correction. In wave theory, A-B-C correction which is a Zig-zag type correction takes back the %61.8 lenght of the previous impulse. Please check where the price closed today. EXACTLY 0,618 (%61.8) fibo retracement level of the previous impulse. Therefore, it is not a good idea to go for short if there is not a price close below 3305 in 4hrs chart on Monday.