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BLESSINGS-ELLIOTTWAVE
Mar 2, 2018 4:04 AM

Gold trading with Channel down Pattern Long

Gold / U.S. DollarFOREX.com

Description

Ending the session, Fakey declined to close above support at Fibo Retracement 61.8 at 1314. A sample of the triangle appeared after the close of yesterday's session at D1. Other patterns found in time frame D1 are the Channel Down pattern. Give priority to buy gold pairs. Signal price range 1313-1310.

Resistance: 1320.3-1325.5-1329.6

Support thresholds: 1307.7-1301.2-1296.0
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