We are expecting Gold H1 to complete the correction Wave 2 (flat pattern abc) at fibo level 61.8. Then we shall wait for any buy setup to ride Wave 3.
Now seems that gold is making some correction/pullback (Wave 4).. Once Wave 4 is completed, target the price to go down, to break previous low for the completion of final Wave 5..
Bias = Sell Idea = Waiting for the completion of correction Wave 4 before riding the last/ending Wave 5
We foresee gold will go further down to complete the Correction Wave 4.
