Fx-Nature

XAUUSD - Possible rebound

Long
Fx-Nature Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Technically:
- Bullish bat pattern
- ABC (5-3-5) correction with "C" point around 1311$
- End of Wave C: 1.618ext of wave 1; 1.272 ext of wave 3;
- Strong SR zone

I'll adjust targets when we will get entry.

Trade responsibly.
Comment:
This trade took 8$ and came back toward entry zone...Looks like there is more downside coming...I will look for another buy in 1303-1301 area:
Comment:
If you are in this trade, you can close partially your long position. I expect more upward pressure though , with max Target ~1342-1343$. Good trade so far, here are targets:
Comment:
Hello traders, we are doing propably ABC corretive movement, with very nice leading diagonal as wave A :):

Trade closed: target reached:
TP1 & TP2 hit! Only TP3 left but we may see some retracement before.

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