Gold Spot / U.S. Dollar
Long
Updated

GOLD PULLBACK!

322
MY ANYALISIS SAYS GOLD WILL FALL TO THE 1307.00
RANGE AS A PULL BACK (ALSO CONFLUENCE TO THE .618
FIB LEVEL) THEN CONTINUE TO THE MID 1330S.

THIS IS MY MAIN IDEA.

THE BACK UP PLAN IS THAT IT FALLS TO THE NEXT SUPPORT.

I BELIEVE IT WILL WICK OFF THE 50% FIB AND CLOSE ABOVE THE .618% LEVEL.

I HAVE PENDING ORDERS AT BOTH SUPPORTS.

GOOD LUCK!!
Note
LOOKING GOOD =)
Trade active
MY FIRST PENDING HIT, AND IS ACTIVE. LOOKING AT VOLUME, GOLD MAY TREAD LOWER BUT AS OF NOW I DONT HAVE A S/L SET.
Trade active
SECOND PENDING HIT.. ONLY ROCKETS FROM HERE. 100% ACCURATE.
Trade closed: target reached
I TOOK PROFITS ON BOTH. =)

HAVE A GOOD DAY

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.