Gold has broken the midterm trendline (1D). I expect a pullback toward 1238-1244 area (Overbalance 4H and 0.5 + 0,618retr) and I will trigger short from that area.
This is midterm trade.
TP1 : ~1190 (1,272 + 0,618)
TP2 : ~1164 (1,618 + 0,786)
W1 chart:
Harmonic patterns (D points in 1160-1170 area). Still need to confirm "C" point of potential butterfly:
Trade responsibly.
This is midterm trade.
TP1 : ~1190 (1,272 + 0,618)
TP2 : ~1164 (1,618 + 0,786)
W1 chart:
Harmonic patterns (D points in 1160-1170 area). Still need to confirm "C" point of potential butterfly:
Trade responsibly.