XAU/USD ABC Correction Pullback

Gold broke the low of $1459 (1st October) and this means that the bearish sequence is incomplete towards $1420. After making 5 waves down from the peak of 25th October ($1518.90), price is expected to make a 3 waves pullback at least.

Also visible here is one harmonic pattern Bullish Deep Crab which could signal the completion of this wave down and make a pullback before continuing its journey down towards 100% fib extension at $1420.