Gold at H1 is performing classic triangle pattern. The price to be break will be at 1858. Once this line breakout, it will trigger bullish pattern.
We target for long, which our entry point will be at 1860 & our TP1 = 1864, TP2= 1870. SL = 1855
1) Fib level 23.6 had been tested & failed to breach that level resulting pull back price.
2) ichimoku at 4H showing uptrend.
3) We looking at continuous uptrend. The price to be cautious will be 1950. Any breakout from this point will trigger next target price at 2000.5
1)Trend line already broke. Now looking at pullback price to be. We are aiming at 1904, then the price will be targeting the new HH, which at 2000.4.
2)The purple box is DP(decision point). If this box were broken it will find a new price at 2000.38. If not, it will be a pullback & the price will to target will be 1904.