GcNaif

Trade Plan for March 17/18 - 2016

FX:XAUUSD   Gold Spot / U.S. Dollar
Following analysis based on Clones and potential Harmonic Patterns

Clone Levels :
Up move - if price stays above 1254 then next levels are 1270-1284
Down move - Close below 1249-1240-1225-1210.

I am also seeing two potential harmonic patterns i.e bullish abcd and bullish gartley but i am not comfortable with the C base yet. i will be considering them potential ONLY If the price goes/closes below 1249 and if that happens then i will be trading(short) the CD leg of both these patterns.For both the patterns D level is ending around 121x.

I am a Chart Slave.Thank you TradingView and @nmike.
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