GcNaif

Gold Trade Plan for April 6/7 - 2016

FX:XAUUSD   Gold Spot / U.S. Dollar
1326 6 44
This plan is based on Clones drawn on hourly chart and also a potential beairsh butterfly pattern (toe early for it). I will be considering to trade CD leg of potential butterfly only if it breaks the trend-line in blue around 1232 area.

Clone Levels:

Buy: Candle close above 1233 on hourly for targets 1243-1250-1257
Sell: Candle close below 1215(aggressive 1221) then next levels 1208-1201-1194-1188
Range trading can be done between Clones levels inside the upper n lower trendlines i.e 1217-1230


I am a Chart Slave.Thank you TradingView and @nmike.
thank you bro. good chart. believe your right. so what u think after 1253? thnx again
Reply
GcNaif TuranTurann
you r welcome. first lets get passed 1244 which is the challenge now for more move up
Reply
Long entered on the break of the line 1232. nice
Reply
GcNaif staurum
nice, it worked out great so far
Reply
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