Gold forms bullish cipher pattern, good to buy at dips

FX:XAUUSD   Gold Spot / U.S. Dollar
831 0 13
Harmonic Trading pattern: Bullish Cypher

Potential Reversal Zone (PRZ) - $1108

Gold             has decline till $1124 after making a high of $1156. It is currently trading @ $1126.

On the downside major support is around $1108 and any break below will drag the pair further down till $1100/$1080.

The pair’s minor resistance is around $1135 and break above will target $1150/$1160.

Overall trend reversal only above $1160.

It is good to buy at dips around $1110-15 with SL around $1098 for the TP of $1145/$1156
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder 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