arif_awan
Long

Perfect Gartley Scenario...

FX:XAUUSD   Gold / U.S. Dollar
339 11 13
Tp to top falling trendline!!!
Comment: Who couldn't see that???
Comment: perfect gartley always work perfect.
Comment: one more test expected, whoever missed the first opportunity, could get second one.
Comment:
Potential-bat-pattern, Long at 1245 TP: 1278 Stop loss 1225
Comment: BAT AND GARTLEY MERGE AT THE SAME PLACE..
Trade closed: stop reached
Arif, one more test of the top falling trend line means from here to 1270? Similar to your silver chart, first UP for 2% and then down after that?
Reply
no no not the top. I mean bottom where price went up. its 1245
Reply
arif_awan arif_awan
where 3 lines are joining together.
Reply
JMNIK arif_awan
Ok... thanks for clarifying. After that UP to test the trend line at 1270? Do you expect the break of 1270 on that try? Also, compared to your Silver chart - if Gold is slightly down and then UP next week, then silver needs to also follow a similar path. Then why are you expecting Silver to fall that much? Thanks.
Reply
yes close your trade and open long if price breaks it and hold over the line.
Reply
JMNIK arif_awan
Amazing forecast. Nobody else saw the BAT and GARTLEY merging the way you did. What do you see as the next move for GOLD from here? To 1270? or move down to 1210?
Reply
i am still long with stop loss metioned in bat
Reply
very nice thanks for the update
Reply
arif_awan tkarthi1
always welcome.
Reply
please dont hide the timeframe the chart is on ,
Reply
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