XAUUSD year end rally; first pull back 1553 area

Bearish crab formation from last swing high/low leads to 1553/4 area before any pull back. Doubt it'll fall much as per usual harmonic rules given the time of year, but with China trade deal on the table caution should be exercised.

Kommentera:

Press play! 0.618 fib perfectly respected. If broken above look for 1501 to hold initially. Experience says fib and resistances are sliced like butter this time of year. Maintaining 1553 for small short/correction.

Please like chart as it rings true to PA.