XAUUSD bearish AB=CD=EF formation

FX:XAUUSD   Gold Spot / U.S. Dollar
338 0
Hi traders,

On the XAUUSD 4H chart we can see that price made a nice AB=CD pattern, causing a small correction. I'm expecting the same thing to happen at the completion of the CD=EF leg.
Entry: 1174.02
Stop: 1181.98
Target: 1157.23 = R:RR 2.11

Good luck guys! I will be updating this chart as time progresses.
Jan 05
Trade active
Jan 05
Trade closed: stop reached
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