Facebook Possible forming a running flat or triangle pattern in wave 4 (Cyan/Light Blue). Where wave C (Yellow) may reach at around 275...
GOLD Price forming a flag/channel pattern now. Price may stalled at around 1790. An "Intersection" of upper channel line and down trend line (yellow dashed)
Always prepare for the worst. This is the mmost bearish scenario I can This is the plan for the battle if a longer correction takes places... And it seems that we are sliding down to 6800. at least 1 group of xyzwxyz corr.waves is coming. Finally we are observing some volume - that is good news!