trendline of wave A(green) was broken. there were divergence on H1. it made and broke 2 more flags. green wave A should be corrected. (at least to 1221) buy target, based on recent price action, is 1226. look for entry point according to your strategy. next flag, etc.. good luck!
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watch flag breakout!
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flag was not broken. price felt sharp. 1st explanation I take 161.% target. in fact gold stopped at 38.2% this upside move looks like a minor correction of lattest part of preceding bear market. (not an entire [1263-1195] move) in this case gold should continue moving down. (smb may say eu grap gold/$ down) 2nd explanation it just made a complex abc, (a) = (c) in this case actual buy target is 1223
Trade geschlossen: Ziel wurde erreicht
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1221 target was reached (38.2% of [1263-1195] move) . it was minimum target.