VRShaiju

Agressive Gold

לונג
VRShaiju מעודכן   
FX:XAUUSD   זהב / דולר אמריקאי
I see some bullish fib combination in this area, which I would like to share with the community. This gives an alert of trend continuation, which may not last more than 1365. Well We are trading below 1300 gives a 50$ non stop bear momentum in last two weeks.

For Bullish, I see following patterns
  • 121 harmonic pattern
  • Cypher Bullish Pattern
  • 4th wave channel support.
  • Long term bullish trend line support
  • 38% fibo support of last swing
  • 127% fibo correction of wave B

For Bearish
  • Completed E wave triangle in weekly chart
  • Possibility of 3rd wave bear beginning
  • Bullish trend line support around 1200 level on weekly chart

My Pick :)
Looking for trend continuation for a new high
הערה:
Things to consider before FOMC
1. reached channel support
2. Found a bullish Harmonic pattern

הערה:
Bull Run pause here for either break setup or fold down. If it fold down target remain 1302

הערה:
Sold gold at resistance.
My trade plan during coming weeks as BAT,Cypher & Gartley combination, backed by Elliotwave. The full family picture as seen below
הערה:
This was quick..! :) So many pip in Hand
Friday for bull show

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