#Gold another bearish leg possibility

In the 1H timeframe, it appears that price has completed a 5-wave bullish impulsive move, which may now be followed by a 3-wave bearish corrective move.

So far, we have observed legs A and B of this bearish correction, but wave C has yet to form.

Therefore, as long as price remains below 2747, we can anticipate this bearish move to unfold.