Team_MonteCarlo

When you Realize it (GOLD)

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Ha.!!!! Cant believe i didn't see this before. GOLD is in the completion stage. All this time it has been making a pattern. BULLISH CYPHER to be exact. GOLD is finally in the golden reversal zone. However given that tomorrow morning is NFP not sure how much respect gold will pay to the pattern. I would say that gold shall either rise or stall out here. If you choose to buy 1189 will be your SL. If all goes as planned 1230 is TP.
Comment:
Also note that GOLD is also in a box stuck between 1204.00 and 1197.56.
when price breaks and closes on the hour chart above or below this line that is the direction gold will travel. However if it breaks to the down side we will need to clear the cypher reversal zone. Which is below 1189.
Trade active
Trade active:
Trade active
Trade closed: target reached:
nice
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