FxWirePro
Long

Gold forms Bullish BAT pattern, good to buy at dips

FX:XAUUSD   Gold/U.S. Dollar
1114 2 14
Harmonic Pattern- Bullish BAT pattern

Potential Reversal Zone (PRZ) - $1115

The commodity has broken major support around $1142 and declined till $1132.50. Gold             short term support is around $1130 ( 50% retracement of $1071 and $1190.25) and break below targets $1115/$1105.

On the higher side major resistance is around $1150 and break above targets $1158/$1162.

It is good to buy at dips around $1125-$1128 with SL around $1114 for the TP of $1150/$1161
kopparam
a year ago
XAUUSD,Monthly, Wolfe Wave Pattern
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DavidY PRO
a year ago
If $1115 is your reversal zone, why do you say to buy at $1125-1128 with SL at $1114? thanks for your time!
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