The resistance line of the channel is pressuring GOLD down.
Also this position is FIBO 1.618 for 1st grand super wave.
Its time for some correction, even for a small one.
If you are a strong seller of gold , you might think 1460 for next support.
But I dont think that will happen very soon in this week.
So let narrow down our target a little be close.
That how you trade with safe plan.
Good luck !
LESS IS MORE!
Also this position is FIBO 1.618 for 1st grand super wave.
Its time for some correction, even for a small one.
If you are a strong seller of gold , you might think 1460 for next support.
But I dont think that will happen very soon in this week.
So let narrow down our target a little be close.
That how you trade with safe plan.
Good luck !
LESS IS MORE!
Trade closed: target reached:
Ourt tp1 1527 hit once and make us 130 pips profit.