Further update and vaildation of bearish crab

٢٨ ديسمبر ٢٠١٩

Overall picture from previous publications; decrease 4 - 12 Nov X-A leg of bearish crab . .618 fib perfectly respected. Most recently the .786 fib was held off before a jump above and a cooling off above the line (circled). XAUUSD is bullish for the foreseeable with MM making sure to break significant resistances. Price closed between .786 and 1 on Friday due to EoW profit taking by relatively few traders, leaving a doji on the daily time frame. I expect swift movement to $1520 area on Monday and into Tuesday to continue the harmonic pattern .