Daily Gold .618 at 1233; retrace or continue to fall? Long

Gold/U.S. DollarFXCM

Description

⋅ May 3, 2017 9:24 PM

All is on chart. Looking for a candle to close in or out of channel, and see what price action does here at .618.

Will use this to determine direction while scalping/trading lower time frames.

Use care, be safe.