Gold Face strong resistance at 1097
This is the fibo 0.618 level
price tested twice but can't break.
We can wait for the trend lien to be broken
and open short position,
SL above 1097
TP1: 1071.33
TP2: 1055 (AB=CD Measured Target)
This is the fibo 0.618 level
price tested twice but can't break.
We can wait for the trend lien to be broken
and open short position,
SL above 1097
TP1: 1071.33
TP2: 1055 (AB=CD Measured Target)
Trade active:
trend line broken short confirmed
Trade closed: target reached:
First target of 0.382 at 1083 is hit. rest position Stopped at break even
Soon it will reach 1071