According to the expectations :
Under the bearish view, Gold primarily completed the leading expanding diagonal wave (i), as a bearish concept at terminus point of 1252 , then a corrective wave (ii), and then extended wave (iii).
Currently, it appears that a “Running Triangle” formation, as the corrective wave (iv), could has been completed or is being completed…
Running Triangle :
“About the 60 percent of the time, wave B of a contracting triangle dose not end beyond the start of wave A. When it does, the triangle is called a running triangle.”