OsamaAbouzeid
Short

XAUUSD _ CYPHER PATTERN COMPLETION IN LOWER TIME FRAME

FX:XAUUSD   Gold/U.S. Dollar
a year ago
READ TEXT WRITTEN IN THE CHART.
a year ago
Comment: In 15 minutes chart the price break the previous structure and the symmetrical triangle which give Lower Low Lower Close ..... Giving high possibility of the trend to move in the break direction ... waiting for first target !
snapshot
a year ago
Comment: First target reached @ 1075
a year ago
Comment: Valid bearish flag pattern
snapshot
a year ago
Comment: Second target reached
a year ago
Trade closed: target reached
eskgroup
a year ago
Hello. how many targets do you have? Do you below we are going back to 46s again by week-end?
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eskgroup eskgroup
a year ago
*think
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OsamaAbouzeid eskgroup
a year ago
Sorry for late response , my first target was at 1075 and the second one is at 1062 (0.618 Fib retracement for CD leg for Cypher pattern ) , I thank the gold will go down blow 46s to even below 1000 dollar per ounce as per the long term analysis in weekly chart beside the oil price is moving down which will pull the gold price down as well
XAUUSD_ May be sooner will test the critical resistance level.
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