tp1=1288 tp2=1283 buying limit =1283
YESTERDAY WE JUST HIT POINT B OF YOUR PATTERN. 1303.60 - AND EVEN A FAVORABLE DATA FOR GOLD PUBLISHED (HIGHER US UNEMPLOYMENT WITHIN THIS WEEK) AT THAT TIME THE PRICE DID'NT GET HIGHER. THE MARKET DECIDED TO GO DOWN. TECHNICALLY AND FUNDAMENTALLY XAU IS GOING DOWN. ON H4 TIME. SO LET'S WAIT WHERE THE POINT WILL REACH THE BORDER OF THE TRIANGLE. APPROXIMATELY...
ALREADY HIT POINT B=1303.60 NEXT POINT TARGET C= 1285-1288 I TOOK 1288 SINCE I SOLD AND 1288 IS A SURE THING... ON THE OTHER HAND ANOTHER BUYING LIMIT SET @ 1286 TP IS 1300 BUT ON THE PATTERN I'M EYEING ON THE 1310 WHICH THE POINT D THEN ANOTHER BEARISH WILL OCCUR. FOR THE MEAN TIME LET'S FOCUS ON THE POINT C HAPPY PIPS EVERYONE!
leg AB formed. now waiting for BC target C = 1285
TAKING THE RANGING PRICE OPPORTUNITY FORMING DIFFERENT GARTLEY FORMATIONS
STILL THE MOVEMENT IN H4 IS INSIDE THIS PENANT TRIANGLE. THUS FORMING SEVERAL GARTLEY FORMATIONS. FUNDAMENTALLY BEARISH FOR GOLD. BUT FOR THE MEAN TIME THE PRICE IS SLOPPY I'LL PLAY WITH THE GARTYLEY FORMATIONS BASED ON THE H4 CANDLESTICK. ALREADY TOUCHED THE "D" AROUND 1284. NOW NEXT TARGET IS 1298