AlphaDreams

GOLD LONG TO .618 FIB THEN HIGH 12XX?

Long
AlphaDreams Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
TP1 1335
TP2 1342

ENTERED TRADE: 1308

Good luck!
Comment:
But, for now, we sit, wait and watch.
Comment:
PA came down a bit but still holding half, will watch to see if I want to add for small bull prior to news or wait altogether.

Comment:
Let's see where we get today. Remember the US markets will not be open later due to a holiday.

Comment:
I have a few conflicting targets. 1 based on EW, 1 on AD harmonic and the other on CD harmonics.

TP1 - 1327
TP2 - 1333
TP3 - 1344

We're so close to new TP of 1327 while here at 1323 that I may just wait to watch price action before placing a new trade. Might wait to get a good short back down to 1305ish area that than scalp the last few dollars out of this. Monday US is closed so volume could be low but with spikes.
Comment:
TP REACHED AND CLOSED

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