Waiting for correction.

FX:XAUUSD   Gold Spot / U.S. Dollar
898 5 29
As mentionned in my previous ideas, i'm always expecting that gold             can reach $1282/85 zone to complete a shark bearish and catch the 0.618 fib from XA leg.
If $1282/85 is hit, gold             could begin its correction to 1165$ zone towards a 5-0 bullish pattern and bounce on TL again (like it did when it reaches $1190).

In all cases, my view will remain bullish this year as long as prices are playing above $1140, and with a likely target to $ 1350.
Comment: Top is likely done
Comment: Looking for short position next week with 1163$ as target in 8 weeks.
Trade active: Short 1282$.
Comment: Stop win 1270$ hitted
really like your idea and your chart, will keep following u
Thank you for a clear graph.However the trendline form 2011 high comes through what highs?
pixi PRO AlanSimpson
hi, below the two points for this trendline
Fantastic..... will keep this on my board
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