pixi

$1095 target, If $1170 fails

FX_IDC:XAUUSD   GOLD / US DOLLAR
1378 4 36
HI,
Gold             has reached a potential price for reversal when hitting 1170$.
Bull rally retracement still in progress

But for at least 2 reasons, i think it could drop more until end of december with $1095 as target ( cypher bullish )

Reason #1 : Timing
Fibonacci and Gann timing for reversal are located on 19<>22 december

Reason #2 : Dollar Index            
Still bullish
99 is the target, 105 is the potential

Opened short at $1205.

This idea is widely inspired by this previous one.
Early 2018 : End of bear market ?
Trade active: Starting to add long.
snapshot
I have open Gold short and i wish open lower this week.
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Nice last chart Im in agreement for sure, gl happy trading thanks for sharing.
Reply
Beautiful! What about 1095 target?
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What about 1095?
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