chrystael
Long

DEEP CYPHER FOR BULL GOLD

FX:XAUUSD   Gold Spot / U.S. Dollar
192 0 2
i entered the gold             just this morning at the open of market and got about 80 pips of profit. i saw it hiting and pulling back from a good resistance but i failed to trade the bounce.

now it is going down again, either to do the followings:

a. hit the bottom with dashed horizontal line to form a double bottom
b. hit the deep cypher and starts going up again or
c. could break out the horizontal line and keep going down.

i have gotten my profits, for now just waiting for the deep cypher or double bottom so i enter again.

for trading this please observe my norms:

good entry

good R:R

good luck
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