AlphaDreams

Possible Bearish Gartley on Gold

AlphaDreams Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
If 1272 holds and gold climbs, I'll be watching 1307 area for possible reversal. If so, targets are marked. Good luck.
Comment:
The double top stopped the bullish movement. could test 1275 area for 2 wave before continuing. Scalping might be tough with news and too many factors so I may just add additional shorts once wave 2 complete.
Comment:
Good reversal so far. Keep an eye on the lower channel for resistance/support.
Comment:
Well, that was one way to drop down.

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