Formation of Ending Diagonal

Updated
Gold has been in a triple three correction WXYXZ wave since August 2020 and it is now near to the last minor correction. The last major correction wave Z seems to be a zigzag correction that suggest it should be unfolded in 5-3-5 wave. I highly believe that we are currently in the final 5 minor wave correction of the zigzag which is also an ending diagonal.

If price is rejected or even an extension to 1808 and followed by an rejection, it is a good chance to take this short setup.
The potential first target is 1766 which is 1.236% of wave a. There is a possible extension to 1760 which is previous low but price should remain above 1753.
Trade closed: target reached
Closed all sell position at 1785
Elliott WaveFibonacciSupport and Resistance

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