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Michail...Sideris
Mar 9, 2017 12:08 PM

XAUUSD Cypher pattern at key structure Long

GOLD / U.S. DOLLARICE

Description

The market is heading to a Cypher pattern complition just before the ECB press conference.
After recent improvements in growth and inflation, ECB could express its optimism and shed their dovish feathers.
This scenario accompanied with tomorrow's US jobs data may deter aggressive profit-taking on the dollar today and underpin our plan.

OANDA:XAUUSD
Entry point : 1200

Trade closed: target reached



1st Target reached + 240 pips
Gold is on the move

Trade closed: target reached



+400 pips

Trade closed: target reached

+ 600 pips, all 3 targets hit(+240 +400 +600)

Comments
ivets
1200 ? ....
Michail...Sideris
@s73v13, I prefer the round numbers
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