pixi
Long

Pattern, fibonnacci and target range = $1346

FX:XAUUSD   Gold Spot / U.S. Dollar
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23
920 7
Hi,
Always looking for a pattern to fill the gap at $1347.
In previous idea, i mentionned a likely bat at $1346, now we can add a target's range (possible adam&eve / double bottom structure) and a bearish crab on same level.
As said in previous idea, only one requirement : $1260 should be keep safe (better : . 886 retracement of XA leg of the gartley at $1266)
Trade closed manually:

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Price under pressure until next Fed meeting. 1 November
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Agreed, and when @ 1348, it may have a potential Gartley pattern forming.
+1 Reply
pixi Viking83
@Viking83, agree. I have this one if $1260 fails. I posted on this pattern yesterday. Let's see if it drops now or later as explained with your clean chart (my preference of course ;))
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@pixi, Also a completely valid scenario. Sentiment is getting quite bearish though, so would be nice with the reversal scenario!
+1 Reply
pixi I completely agree with your idea. Thanks for sharing such great chart my man !
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Nice idea pixi!
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pixi olegleo
@olegleo, thx.
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