Trading Idea on Gold

18 באפר׳ 2019

Price has just come to a last year Trend line signally a bullish move. In addition We have two harmonics interplaying, (AB=CD with price around D, and a Bearish Cypher with price at C waiting for the completion of D leg. THerefore a buy at 1266.859 SL at 1229.575, Tp1 at 1304.143 and Tp2 at 1329.548 will be ideal. When price eventually get to D (signalling the completion of the Cypher Pattern) we can decide to Short Gold.