Hi Guys,
GOLD is sitting at our Sell area we where looking for.
We have completed the ABCD Gartley from the Jan 26th High with a 10 day rally.
This could be a start of a decent move to the downside.
Target 1. 1800 - This is the 50-61.8% retracement of the current move up. This would complete a 135 Pattern and be the Bullish option.
Target 2. 1750 - This is the A-B=C-D move to complete the smaller pattern.
Target 3. 1730 - This would complete the Gartley Buy pattern from the Aug 2021 low.
I hope this helps.
Enjoy the day.
GOLD is sitting at our Sell area we where looking for.
We have completed the ABCD Gartley from the Jan 26th High with a 10 day rally.
This could be a start of a decent move to the downside.
Target 1. 1800 - This is the 50-61.8% retracement of the current move up. This would complete a 135 Pattern and be the Bullish option.
Target 2. 1750 - This is the A-B=C-D move to complete the smaller pattern.
Target 3. 1730 - This would complete the Gartley Buy pattern from the Aug 2021 low.
I hope this helps.
Enjoy the day.
Trade closed: stop reached
I got stopped out overnight on my short but I am going again. Im staying on the bearish bias until we get above 1850.
Sometimes the perfect set ups just dont work. Onto the next one. đź‘Ťđź‘Ť
Note
AI for GOLD today. Looking for lower prices.
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
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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.
t.me/OCEANAISIGNALS
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
Check out the free Telegram group for Trade setups and Market Updates. Also one on one coaching now available. AI Subscription coming up shortly for an early bird introduction price.
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.