Hi traders,
GOLD looks good for downside. Keep an eye on this one, as it recently hit a major TP for this harmonic pattern. Price hit fibonacci retracement resistance level.
I am expecting a move from here straight to the lows, alternatively, it could bounce to the swing high once more before the breakdown.
Best regards,
Tom_Killick
GOLD looks good for downside. Keep an eye on this one, as it recently hit a major TP for this harmonic pattern. Price hit fibonacci retracement resistance level.
I am expecting a move from here straight to the lows, alternatively, it could bounce to the swing high once more before the breakdown.
Best regards,
Tom_Killick
Note
Very strong up move means this trade isn't currently active. I will updating this idea on daily and 4 hour chart so make sure to follow me and like my ideas.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.