Vighnesh_Iyer

XAUUSD AB=CD with Harmonic Support (60M)

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
0
Gold just completed an bullish AB=CD pattern on the 60 minute chart and has rallied from the tight potential reversal zone, which is well defined by the extreme 3.618 BC projection. Support/resistance lines are well defined by the 2.618 and 3.14 BC projections. Gold has just pulled back into structure support, and we are looking to buy the CFD after price action moves decisively upward.

UPDATE: Hit stops, market has violated the completion point of the AB=CD.

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