XAU/USD: After the big drop in GOLD in the last weeks, I think this is a correction before resuming our targets toward 1900 as a medium-term target, unless we see an aggressive break of this structure, zooming into the 4hrs T.F we can see clearly a channel forming on the E wave (with a bullish engulfing on the support of the channel on the daily T.F) so are we going to retest 1860-1900 before the end of 2021?
Chart PatternsElliott WaveSupport and Resistance

Disclaimer