TheForexSamurai

LONG opportunity/setup here on the GOLD with Bias

Long
TheForexSamurai Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
13
We got a long opportunity here on the GOLD as we also have bias and confluence of multiple fib levels giving us pattern confluence and the like. We have a zone by which our potential Bull AB=CD will complete as there is also a visible bullish Butterfly Pattern and pattern completion of Bull Gartley and Bat that will complete on the Bull AB=CD PRZ of 127.20% to 161.80%. Stops would be below the X point structure. A BO above the TL will also trigger a potential buy stops.

Targets would be respectively on the pattern targets as we could also extend prior to that.

TP1: 1251.13
TP2: 1254.87

Completion of Pattern/s:

Bull Gartley and Butterfly: 1245.07
Bull Bat: 1243.04
Bull AB=CD: 1242.46 - 1245.06
Trade closed: target reached:
TP 1 was hit if you have taken the bull setup.
Comment:
TP 2 was hit if you have taken the bull setup.

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