DemetrisDemetriou

Bearish Cypher

Short
DemetrisDemetriou Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Bearish cypher. Price should go up to 1261 and then bears will take the price down IMO. Probably down to at least 50% Fib retracement sometime by the end of March.
Comment:
Up to 1259 max and then bearish. Or it might break bearish before even reaching that high.
Comment:
Just check when it breaks out of D completion. From there it will go down. Short/sell once it breaks out and the downtrend is confirmed.
Comment:
Broke out of D completion. Bearish down to 1219
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