Gold looks bearish at the moment. It has retraced 50 percent(1191) of its last week's move from 1170 - 1214. i also see 2 potential Harmonic patterns Bullish Bat in Green and Bullish AB=CD in Black. Both these patterns are in their CD leg .
Black Lines: Lase week High/Low
Red Rectangle: Sell Area/Resistance
Black Lines: Lase week High/Low
Red Rectangle: Sell Area/Resistance
I am a Chart Slave.Thank you TradingView and @nmike.