Gold long idea Long

GoldOANDA

Description

⋅ Mar 12, 2017 3:06 AM

Potential long based on bullish cypher pattern on Gold.

Long entry near the 0.786 fib retracement of X-A which was around the 1194 low area hit on friday.

Exit near the 50 fib retracement of C-D.

Gold goldtrading

Comments

Getafix

⋅ Mar 16, 2017 1:53 PM

Target hit and exit position on open today.

Getafix

⋅ Mar 13, 2017 3:28 AM

The 50 fib retrace of C-D would be around 1229.

ali_12345

⋅ Mar 12, 2017 11:43 PM

the tp of this pattern is 1.244?

Getafix

⋅ Mar 13, 2017 5:17 AM

@ali_12345, 1244 is the top of the original X-A trend (the long entry is 78.6 fib of that trend, around 1195 low from last friday).