leszekstanislaw
Long

GOLD 1D - SHARK & BAT (both potential)

FX:XAUUSD   Gold Spot / U.S. Dollar
On daily chart we have two potential harmonic patterns
In my opinion potential scenario (very aggresive one) is
  • wait for D point of Shark
  • go long with SL little below X point (but - observe grey S/R zone and be ready for spike to clear stop losses
  • in D poin close, and short to B point of Bat (B in bat harmonic patterns is usually first target.
Hope it makes sense….
I went long @1179.10 , we are going higher. If it takes $1193 i think we are going much higher.
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What do you think here? So many highs near each other for the past 6 days....
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