CFDs on Gold (US$ / OZ)

Long

Long term view on GOLD - Bullish Cypher + Cypher + Possible H&S

Updated

Anticipating to follow the orders as in the chart.

Note

Buy @ 1222
TP 1240
Sell @ 1240
TP: 1194
Buy: 1194
TP: 1216
Sell @ 1216
TP: 1152
Buy @ 1152
TP: 1200

Note

Price is approaching the leg D of small Cypher @ 1194.

First TP level and look for 0.5% retracement.

Note

Possibly look for the retest of the leg D

Note

Gold retracement is about to begin. Please look at the Cyphers setup on USDJPY. Probably long USDJPY is expected next week.

Long term view - Bullish Cypher - First Short and then Long

Note

snapshot

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