I'll short when the bearish flag breaks.
FORMING BUTTERFLY PATTERN, LETS WAIT TILL 0.381 OF FIBONACCI TO OPEN MORE SHORT POSITION.
LAST ELLIOT WAVE COMPLETED, TIME TO SHORT TILL 1.16/1.159.
THIS IS AN AGGRESSIVE LONG TRADE, GOLD IS ON THE PULL BACK AFTER BREAKING A STRUCTURE (DESCENDING TRIANGLE).
We may see the price back to 1.168 before the correction begin.
PRICE JUST BROKE THE NECK LINE, I'LL WAIT THE PULL BACK TO 0.869 FOR THE ENTRY THIS LONG TERME TRADE.
H&S FORMED, WAITING THE PULLBACK TO SI PRICE JUMPING TILL 9968$
THIS IS A CORRECCION OF PREVIOS POST.
Ending triangle pattern. When it breaks would be a good entry point (9400$). Target, first 10500$ and then 12750$.