Vighnesh Iyer

XAUUSD AB=CD with Harmonic Support (60M)

FX:XAUUSD   Gold Spot / U.S. Dollar
102 0 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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