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dapperx3
Sep 2, 2020 5:16 PM

H4 GOLD / FIB ABCD 

GOLD (US$/OZ)TVC

Description

Arrows on the chart are about my intentions :)
Fib ABCD patterns and basic channelization rules applies.
Comments
Tradermariano
1680 seems irrational to me right now. Stocks and Usd should start struggling soon
dapperx3
@Tradermariano, "IF". If red C fails to hold - we go green scheme. Step by step, if we reach green (d1) and hold - we may see (d2) and so (d3). Same for the downside, "iF" green (C) fails to hold - we go red (D1), if we break it - red (D2) and so red (D3)
Tradermariano
@dapperx3, agreed. Just wanted to share my view on fundamentals
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