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R-L-A

Support on Fib Level with Bullish Engulfing Candle

Long
Gold Spot / U.S. Dollar (PEPPERSTONE:XAUUSD)  
R-L-A  
PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns
3
0
trendanalysis harmonicpatterns chartpattern
The gold seems to have found support on 0.618 fib level. The bullish engulfing also gives us confirmation. Besides we have a lot of weak data coming from USA so the chances are that it it will continue to make another HH with Bullish impulsive wave.
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