mytrade1602

Possible gold price actions after breakout from the triangle

FX:XAUUSD   Gold Spot / U.S. Dollar
189 0 4
Possible gold             price actions after breakout from the triangle. Let's see what will happen.
Comment: Looks like a ABCD pattern to 1216~1218(0.5 Fib), will short from there.
Comment: TP1 1208. TP2 1200 might not get there today. Long from 1208 to 1218, then short from there again. If the price goes up to 1218,continue to short.
Comment: TP1 1213, TP2 1208.
Comment: See the strength of bear, stay with the original plan. TP1 1208, TP2 1200
Trade closed manually
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