Currently XAUUSD is in support area, making an Ending Diagonal/Reversal Falling Wedge. XAUUSD forming a big triangle correction, we can expect the price to go up, breaking the Triangle Correction structure and entry on the pullback.
It would be nice to wait for the daily close to look at the confirmation wether it is bullish or bearish.
Currently, NASDAQ is forming the 4th Correction Wave on its impulse structure, as the 3rd Impulse Wave has been completed due to rejected on the -1.618 Fibonacci Retracements.
Talking about the Elliott Wave Theory, we can expect the 4th Correction Wave to reverse in the 0.382 Fibonacci Retracement level and it can form a Complex Correction such...
Gold formed triangle pattern inside the channelling as wave (4) . There is another scenario go to down side if GOLD break its channel. And eventhough it breaks the channel, 2121 area (wave (5)) still valid to be completed as long as it doesnt go below 1746 (invalidation level wave (4)) .
You may double check my previous analysis to see the complete view clearly....