XAUUSD Gold potential bullish Cypher pattern setting up

FX:XAUUSD   Gold Spot / U.S. Dollar
Gold             have been running to the ground lately, but have we reached the bottom of the hole? Well this Cypher pattern may tell us that, but What we are mostly looking for is catch a small retracement not a trend change. RSI is reaching oversold area and it looks to be making higher highs and higher lows. Its counter trend so we only use 1 target for this one.

The entry for our Advanced             Ration Pattern chat room is still open, so if you are a pattern trader and want to bounce off ideas and money management ect. with other like minded people, some are professional and some are beginners we have all kinds. Then hit me a PM and i will set you up

Kind regards
Thomas Jeff
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