FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
I just put out a video going over my results from 2016. Although 12% is not the greatest return, considering how crazy this last year was, if you broke even in 2016 it should be celebrated. Here is the link to the video if you are interested.https://youtu.be/3J3EV3zDQ8A
Now on the chart here, we have a massive potential cypher pattern on XAUUSD. Now I don't actively trade this pair, but i do follow it.
Completion is at 1117.68 and minimum stops need to be below X at 1047.24. Target 1 is at 1214.59 with target 2 at 1275.17.
Now like i said, this is a massive pattern so if you can take this much risk, you can go down to a lower time frame and look for an alternate entry.
Hope everybody had a good holiday season and happy new year.

Good luck and Good trading in 2017!

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