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Traders,
This is not a signal to trade.
Gold hit fibo 382 of last descending trend and b pulled down from there.
The big pic / direction from weekly chart is still valid.
Our first target 1262 hit ,but we were out becoz the new stop loss hit. 1/2 lots size in 90 pips profit.
Next plan is try to reenter again to hunt more pips in 4h chart. One of the target is 1283.
Less is more!
Follow us to get more update on weekly outlook every week.
Traders,
This is not a signal to trade.
Gold hit fibo 382 of last descending trend and b pulled down from there.
The big pic / direction from weekly chart is still valid.
Our first target 1262 hit ,but we were out becoz the new stop loss hit. 1/2 lots size in 90 pips profit.
Next plan is try to reenter again to hunt more pips in 4h chart. One of the target is 1283.
Less is more!
Comment:
Down to retest the weekly trendline.