gold box pattern

FX:XAUUSD   Gold/U.S. Dollar
317 0 6
8 months ago
gold             is in box pattern, bordered by fib retrace lines. 4 hour chart xauusd            
large fib starts at most recent lowest-low Dec             2 2015. most recent highest high is may 2 2016.
small fib is from most recent highest high may 2 2016 to bottom of the "drop" may 29 2016.

box pattern meets trend line june 9 after usa market closes (the date china is expected to miss cpi             at 2.19 actual versus 2.3 expected)
play neutral until june 9 ( bollinger bounce)

relevant fib levels are circled green
8 months ago
Comment: optionally as s higher-risk long term trade. open short with S/L above upper box border , at or slightly above 1251.59
2 months ago
Order cancelled
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