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mk-fx

GOLD - Short Term Buy To $1535 And Then Drop To $1350

Long
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
mk-fx Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Technical Indicators Harmonic Patterns Trend Analysis
5
2
indicator harmonicpatterns trendanalysis
Gold broke the trendline on H1, it looks like it will try to touch bigger trendline, which lines up with fib level, level is around 1535. I will absolutely watch for shorts at that level. Take partials at 1525 just in case.
My buy position is at 1485 already at BE
Comment:
If we break to the downside I will look for buy around $1465-1470. Tp stays the same at $1535
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