Potential reversal targeting 29020 (29k figure) and 161.8 fibo extension @29,201-18, Pattern invalidates below 28,756
Trade safely, and never invest money you cannot afford to lose. This is not a trading advise or recommendation, trade at your own risk.
HSI, HSILONG, HSI1!, HSI2019, HK
Long 26120 Executed, SL 26090, target: 26270, watch 26220 retreat to move SL to BE or maybe book some profits.
Next: Short 26270 with 2630x SL target the wave fibo levels of it gets there and price actions show rejections around 26270-26300 zone.
Trade at your own risk! Don’t trade money you cannot afford to lose. Trade safely.
A re-test to 1207-02 is healthy for gold to continue the up-trend and target 1255 zone, a break of 1202 might sustain the pressure to test 1196 and 1180 support zones.
If 1180 broke, the down wave will sustain to target 1148
1190 might be this month low for XAUUSD, Gold been leading the move recently!
A test to 1245-50 zone is expected (forming a double top) before a healthy correction toward 1190-80 for final kiss good bye.