Stop Loss 1892 ish , if the count is correct the next move up is either c or 3rd wave which should be fast and the price should be around 1945-50 so the risk reward would be 1 to 10
I wish you well. Goldie can be a mean bitch, lol. I like to see a sign of strength and a setup/trigger, but I like a pullback and you got your 50% retracement going for you. Fwiw GC opens Sunday night at 6. You gonna open then or is it part of your plan to wait till Monday? Break a leg, that aint no gimme. https://elitetrader.com/et/threads/which-way-a-gold-timing-exercise.362637/page-29#post-5588030
Looks good to me. Might drop a little more before possible reversal to upside. I like 5-34-5 Oscillator (on bottom) to go negative first although there are exception to that requirement. If it does I believe it will be a wave c of ABC correction of larger timeframe move. Note my chart is a 60minute. Also 38.2% retracement of down move that completed lower wave a (up) was dead on @ 1921.36 (0.06 diff).