XAUUSD 1D Cypher Pattern Corrective Structure Since March 18 2014, FX:XAUUSD is experiencing a down trend corrective structure, and still in this trend.
Since May 05 2015, XAUUSD is going to complete a Cypher Pattern.
Coincidentally, the end of Cypher Pattern and the upper of the Corrective Structure are both around 1190.
Now the price is around 1155 (50% level of Fibonacci, XA)
Buy at 1170 ((61.8% level of Fibonacci, XA))
TP: 1190 (76.4% level of Fibonacci, XA)
SL: 1150
