For short term, Gold is exacting a elliott wave downstairs and now is its IV of rebound to chance the target as no higher than $1910.
Inside of this wave there is a H&S which also point upon above target. But it is still ok to low suction by neck price $1900 or $1896 once it broke.
In another aspect, the whole pattern is a Triangle in Downstairs Trend, this means it will break the bottom highly possibility. Target: $1886( firstly)
For further target, of course i am looking forward to $1840(4H) and $1720 or below
Inside of this wave there is a H&S which also point upon above target. But it is still ok to low suction by neck price $1900 or $1896 once it broke.
In another aspect, the whole pattern is a Triangle in Downstairs Trend, this means it will break the bottom highly possibility. Target: $1886( firstly)
For further target, of course i am looking forward to $1840(4H) and $1720 or below
