FUNTRADER-Vera

XAUUSD:GOLD will touch 1180 soon after this.

FX:XAUUSD   Gold Spot / U.S. Dollar
33
Traders:

Usually after 3 waves , 80% of trends will need to pause for a whle by pulling back .
after 5 waves,90% of trends will pull back.
The figure goes up to 95% with 7 waves.

Now we see a 5-waves trend for gold coming soon which means a retracement befre a FOMC next week is for sure.

Hers is the big pic and plans for gold:

Plan 1
Long trade
EN:1218
SLl:1212
TP:1240

Plan 2
Short trade
EN:1240
SL:1250
TP:1180

Less is more~

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Comment:
TODAY GOLD IS GOING TO TOUCH 1218 SOON.
Comment:
1210 coming , 1218 is history now.
Trade closed: target reached:
short trade tp achieved.
Comment:
we probably see sideway of GOLD and silver following before dropping down deeper to 1180 again.
Comment:
Comment:
gold did touch fibo 786 not 886.
Comment:
this was a good plan too.

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