Highly Possible Scenario - As I mention on the video current price level is very important resistance and also market may in a fake breakout to the major channel. Also, we can easily see Gartley and Butterfly Pattern development in that zone. If we are in the bull trap there is highly possible we will see kind of reversal and downward move to do downside. We can...
After Quasimodo pattern development 4h candlestick pattern convinced us to sell Gold from here.
However, we want to sell Gold we should wait for good R: R which is at least 1577 price level for entry.
Our one target is important inside level and the second target is an extended level which is also ABCD target and Zigzag Correction target.
Warning: Do NOT risk...
Excuse my poor English brothers, I push myself for you. So try to understand and watch this analysis until the end! I believe that you will get too much value from it.
You can see the previous analysis below.
Hope you enjoy it!