Looks like gold is forming a triangle/pennant on the dailies. Currently we are at wave C, expected to complete pretty soon, should 1275 region holds.
Expect a retest of 1370 region for wave D. It should be a 3 wave (ABC pattern as well, or another triangle within, which is a possibility as well)
Chart PatternselliotwaveanalysisTrend AnalysisWave AnalysisXAUUSD

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