XAUUSD seems will move down with sharp trend. Wave #2 is around 78.6% wave #1 and when moves down , we can see 2 targets:
Target_1: 1216 (100% Wave #1)
Target_2: 1189 (168% Wave #1)
Target_1: 1216 (100% Wave #1)
Target_2: 1189 (168% Wave #1)
Order cancelled
Seems this down trend is not valid and price likes meet 1278
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Disclaimer
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.