FUNTRADER-Vera

1201 XAUUSD 15m chart a possible GARTLEY pattern to run

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

XAUUSD on this 15 chart is being rejected from the pressure line several times.
Taking the possible GARTLEY harmonic pattern into consideration, it might restart to drop from 4 position to fibo 786 XA or the X positiion.
If price could not make a new low,then we would think about a higher position for correction.

Good luck!!!
LESS IS MORE!
Order cancelled
Comment: The pressure line is not valid anymore.
Comment:
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Comments

Not just USD, pay attention to XAU EUR as well. Demand is falling... Thanks.
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FUNTRADER-Vera Allonzo10586
@Allonzo10586, thanks.
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