Gold Spot / U.S. Dollar
Short
Updated

Weekly Gartley

1271
Likely bearish weekly gartley on gold.
PRZ in 134x area.
TP1 : $1257
TP2 : $1210

Short active at $1341
SL Above 0.886 retracement of XA.
Note
Quick update.
Pattern still valid.
Last week my SL short $1241 and $1246 has been hitted at $1248

Re-took short on 1.618ext of BC at $1251 + $1255 (on bearish pattern on lower TF - H2)
I closed the $1251 short before week-end.

Target 1 almost unchanged around $1265
snapshot
Note
Typo in previous comment -> short 1355 active (not 1255)
Opened position : Short $1355 + $1331
Note
TP1 Reached at $1266.
Took 33% profit / Hedge Long.
Note
Daily TF
Bullish Inverted AB=CD at $1266 / 0.618 retracement.
snapshot

H2 TF
Looking for a retest of 129x level
Shark / Inv. AB=CD at $1293
snapshot

Closed postions:
Short $1313 and $1281 closed at $1267

Opened positions:
Short $1355 / $1331
Long $1267 hedge TP1 $1292
Trade closed manually
Closed short.
Long at $1264 + $1261.
Short term target at $1292/1293

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.