Bump & Run Reversal - Gold

XAUUSD was manipulated the last rally in the interest of selling at higher prices. Brexit was the catalyst. As a result a 'Bump and Run' reversal pattern is in place. XAUUSD is in the Run phase now where it's expected to form some kind of a bearish reversal pattern. I see Adam and Eve - double top is being developed.

Price is expected to visit the Lead-in trend, in green. In case the trend is broken, there is a high possibility to visit 1200.

Good Luck!

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According to this count, I think b came to an end.

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A sharp drop which makes sense since the Run phase was activated.

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Clear Break down. I expect it to reach the lead-in uptrend.

Operación cerrada: objetivo alcanzado:

i can say it's enough. it almost reached the uptrend.