Pretty much same position as my EURUSD idea.
Drawed a little bit different chart, so it's easier to see what I'm seeing.
Friday GOLD break out of this rising wedge, now price is testing bottom of it which is at the same level as Fib level 0,382.
I expect Gold to fall down atleast to fib 1,272 level.
Good luck.
Drawed a little bit different chart, so it's easier to see what I'm seeing.
Friday GOLD break out of this rising wedge, now price is testing bottom of it which is at the same level as Fib level 0,382.
I expect Gold to fall down atleast to fib 1,272 level.
Good luck.
Comment:
My fib drawing.
Trade active:
Gold has tested that broken wedge and now it has broken below the upward trendline (pic below). Now let's see how it behaves.
Trade closed: target reached
