Hi VR, nice catch. When i saw your chart, i thought it was Gold price in USD. The waves and fibo projection are the same. As you notice, there's a weekly shark bearish on this pair (same pattern for XAUUSD). The interesting thing with your chart is that i'm looking for a 5-0 bullish pattern on XAUUSD, and if we are looking for the same pattern for XAUHKG, the target should be the GAP (see below). Thanks for sharing ;)