XAUUSD has formed an advance harmonics pattern crab bearish on its hourly chart. The price is trading below the EL: 2062.79. ST: 2044.94
Targets:
62% AB: 1996.48 79% AB:1985.42
127% AB: 1954.70 162% AB: 1900.09
Note
The plan is simple at the moment and is stick to the plan. The plan: AB=CD The price may be ready to go down since the 127% from the C&H has been hit, again when price hit certain levels throwback may be coming, and what a great circumstances do do now so:
H4 TF in terms of Price action V-top slightly retracement to 2050.83/ 2050.83 if price hold and trigger short everything should come together.
At this price range 1900.09. a 121 bullish pattern may forming
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.