Bearish Gartley at 78.6% or bearish bat at 88.6% of point D.
Short once we reach 1304 price action.
Note: This is on daily chart. It might take weeks before we reach 1304 or it might just take only few days.
Gold last days had a healthy uptrend . We got a V bottom which broke up.. Then a nice falling wedge which also Broke up. After the news we skyrocket to 1264 area . Now its forming a bullish flag .
TP # 1: 1273
TP #2: 1284
Sl: 1256 Just to be safe because of the rapid uptrend.
I will move my SL higher once we reach new highs.
2 previous descending triangles with projection for gold down to 1206 and 1194 areas. Early bearish flag pattern #1 on the chart suggesting downtrend to 1208. Wait for the break out of the flag pattern and short the breakout of the flag pattern.
Perfect bullish Cypher pattern. It looks like it went out of the Cypher for 1hour and so on but i believe that it will retrace back and become bullish probably on Monday.
Just wait for the first hour candle to finish on Monday and take long position specially if the first candle becomes green or any candle signs for uptrend.