Gold: Eyeing a Potential Three Drives
*Update: Stopped out...
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I am not sure if we will get there , but if we reach that shaded area a harmonic three drives pattern would complete at that level, which is also the 50 percent retracement for the latest bullish wave. My buy limit order is already there. Note that a break with stability below 1235 might negate this pattern
Be one of the first members of my new trading portal, check my new website thefxchannel.com/ , vote and subscribe. Thank you
Good luck, keep your stops tight..
My best regards
Technician
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I am not sure if we will get there , but if we reach that shaded area a harmonic three drives pattern would complete at that level, which is also the 50 percent retracement for the latest bullish wave. My buy limit order is already there. Note that a break with stability below 1235 might negate this pattern
Be one of the first members of my new trading portal, check my new website thefxchannel.com/ , vote and subscribe. Thank you
Good luck, keep your stops tight..
My best regards
Technician
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