themarketzone
Short

Testing the top of the sell zone

AMEX:GLD   SPDR GOLD SHARES
$GLD is now testing the top of the sell zone I mentioned in previous analysis (see linked idea).
It is too early, but we may see another daily Pinbar following a breakout attempt that will lead to bearish reversal in the following weeks.
Next FOMC will definitely have impact on Gold             and the USD so this Cypher pattern may remain inside the PRZ for a while, but it is defintely a pattern to pay attention to.

First target - 118$
Secondary Target - 114$
Final Target - 110$
Weekly Newsletter - https://goo.gl/yzkFY6

Tomer J,
The Market Zone - You trading Edge
Visit my website - http://www.themarketzone.net/
Blog - http://www.themarketzone.net/?page_id=2371
Youtube - https://www.youtube.com/c/TheMarketZoneNet
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out