XAU/USD - Bearish Gartley

OANDA:XAUUSD   Gold Spot / U.S. Dollar
There are some amazing setups forming on the charts, here we have XAU/USD             on the 4h chart with a bearish gartley .

The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786

This is a potential outcome for this pair, I would analyse the higher timeframes for direction before entering the move.

If you want more trading inspiration be sure to connect with me on social media :)
Comment: To all those still holding XAU/USD I would close your position in profit before NFP.

📈 Learn How to Trade the Most Advanced Market Patterns: https://www.sixfigurecapital.com

∙ Telegram Channel: https://t.me/SixFigureCapital
∙ Facebook: https://www.facebook.com/sixfigurecapital
∙ Instagram: https://www.instagram.com/sixfigurecapital
I'm waiting till 1300 the I'll short.
LewisGlasgow MongkolchaiPetruecha
@MongkolchaiPetruecha, yes I see another move up before the big drop!
different setup but same plan for GOLD huge massive down
good luck sir :D

+1 Reply
@Tanzil, I agree, thanks for sharing and all the best! It should be a good trade :)
I think it can go to 1306, bcoz 1. fibo 886 2. strong resistance
B to C leg is not enough - It should at least reach 61.8 Level
@peyman, you're wrong.
peyman LewisGlasgow
@LewisGlasgow, Ok- Teach me the right one
@peyman, read the post and you'll find the correct ratios :) have a good weekend!
+3 Reply
peyman LewisGlasgow
@LewisGlasgow, Thanks :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out