H4 channel with an inner bearish AB=CD (0.447/2.236).
On lower time frame, we have a nice bat bullish that could push price to the previous high (1126$) in order to complete a shark bearish.
If gold reaches this price on monday, i will waiting a retracement till 1119/1118$ to go long with 1145$ as target.
On the other hand, if prices drop below this channel, we should reach the 1090$ zone.
In all cases, the general trend is still bearish and i think gold can't go higher than 1150$ before a drop to 1040$ (or 980$)
Edit : in the chart the BC leg is not correctly connected with the purple line
On lower time frame, we have a nice bat bullish that could push price to the previous high (1126$) in order to complete a shark bearish.
If gold reaches this price on monday, i will waiting a retracement till 1119/1118$ to go long with 1145$ as target.
On the other hand, if prices drop below this channel, we should reach the 1090$ zone.
In all cases, the general trend is still bearish and i think gold can't go higher than 1150$ before a drop to 1040$ (or 980$)
Edit : in the chart the BC leg is not correctly connected with the purple line