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EricTj EricTj XAUUSD, 240, Long ,
XAUUSD: Go Long on XAU/USD
72 0 2
XAUUSD, 240 Long
Go Long on XAU/USD

The break of bullish pennant brings gold on the higher price level and creates new potential strong resistance. The price will likely retrace on 1.618 of XA as it forms crab harmonic pattern. The target of harmonic pattern conjuncts with pennant target, and finally will complete rising wedge pattern. The current state is on excessive phase, the price was going up ...

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