Bullish Gartley is on its way to complete its final wave

FX:XAUUSD   Gold Spot / U.S. Dollar
As you can see in the graph above, the B point landed perfectly on the 0.618 fib line drawn on XA extension, while the C point landed almost perfectly (0.618 area) on the fib line drawn on the AB extension.

Price had break through both 1297 & 1285 which is a very strong support, based on the fib line drawn on BC             extension and previous history.

It has also penetrate the 1280 price which is a previous swing low.

In my opinion, price will keep on short until 1253 hence completing the pattern. Which I think will happen somewhere around next week.

Update (3/8/2014)
- Price has fall down and touched the 1262.59 which is XA extension fib line of 0.786. I have a strong feeling that the price will now goes up.

- Opened a position at 1265.47
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out