360
Long

Inverted Head and Shoulders pattern (Break and retest)

FX:XAUUSD   Gold Spot / U.S. Dollar
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3
219 7
Inverted Head and Shoulders pattern (Break and retest) - Target around 1260

*Saw this a bit late, but i think it's still worth a shot, depending on daily close
1H currently looks something like a bull flag .
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OOOPs! wrong reply. 1221 -1186 * 74% = 1246.90.
cheers
glenn
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360 Iskandarglenn
Thanks Glenn. I agree, that can be targeted as well. I have read few different opinions on calculating the target on various patterns so i guess we can target both :)
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360 Iskandarglenn
Played out :)
Reply
Yes nicely.
.20 off the close on sept 26 green hammer.

So we are at 38.2% of total down move.
Cypher option here, Would take us to a target of Likely?..(1150 area)..... Well its against most, so watching closely.

More nervous when im long, currently.
glenn
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Target 1246.90. IMO
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