Gold Spot / U.S. Dollar
Long
Updated

XAUUSD Gold Update: H4 Butterfly

454
On the bigger picture, we have achieved our first target level.

As seen on the H4 chart

snapshot

Price is printing a bearish harmonic pattern.

Potential retracement levels :

Murrey Math +1/8 1820
Murrey Math +1/8 1828

( I will wait for the Cycle Sniper confirmation )

Then we will focus on the red support line

snapshot

Our Medium term target is 1861 $

Good Luck

Trade closed: target reached
snapshot

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