Gold (XAU/USD). Triangle. Could drop lower. Target 1230-1193
Gold is losing time within the triangle consolidation.
Breakdown would ignite the drop to the target area within the white rectangle (1230-1193).
That area represents the 0.618-1.00 of wave A in wave C.
Breakdown would ignite the drop to the target area within the white rectangle (1230-1193).
That area represents the 0.618-1.00 of wave A in wave C.