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yanuarmanalif
Aug 24, 2018 11:27 AM

GOLD POTENTIALLY TO SET BULLISH BUTTERFLY PATTERN 

Gold / U.S. DollarFOREX.com

Description

In the long run Gold potentially to set Bullish Butterfly Pattern, if the pattern is finished with the length of CD between 1.61 - 2.24 fibonacci retracement of BC' (Potential Reversal Zone, between $ 819/oz to $ 972/oz) then there is an opportunity for gold price to reverse the trend, the pattern will fail if the price move back above point A ($ 1375/oz)
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