FxWirePro
Long

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
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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