GcNaif

Gold Trade Plan for April 6/7 - 2016

FX:XAUUSD   Gold Spot / U.S. Dollar
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.
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