The sustained and impulsive decline from February 2018 and down until August 2018 lows has been labeled as a complex Double Three in the Intermediate (W) (turquoise) degree.
In mid-August XAU/USD reacted with a bullish swing, and this move has been labeled as Minor A (light blue) within the larger degree Intermediate (X) (turquoise). Following that bounce-off, the sideways correction has been labeled as Minor B (light blue).
XAU/USD continued to rise afterwards, in what appears to reflect a possible Ending Diagonal scenario in Minor C (light blue).
Minor C (light blue) would be expected to continue the bullish sequence and retest the previously breached trend-line (dotted-red), after which it could be rejected and commence a bearish impulse towards new yearly lows, as the 1115.00 levels could be seen as turning points in a Flat Pattern for Cycle Wave B (black).
Minor C (light blue) would be expected to continue its bullish sequence from around the 1210.00 levels and rise in an impulsive manner towards the 1265.00 or even 1290.00 vibration zone.