Technician
Long

Gold: Eyeing a Potential Three Drives

FX:XAUUSD   Gold Spot / U.S. Dollar
2726 views
27
2726 4
*Update: Stopped out...
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I am not sure if we will get there , but if we reach that shaded area a harmonic three drives pattern would complete at that level, which is also the 50 percent retracement for the latest bullish wave. My buy limit order is already there. Note that a break with stability below 1235 might negate this pattern

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Technician
Now we're at an interesting level
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nice idea ... thanks so much... gold come buy zone :)
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Im Waiting aswell :) My buyzone is quite similiar to yours
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and while keeping to the bull. interesting!
+1 Reply
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