Gold Spot / U.S. Dollar
Short
Updated

The triangle is punched down

131
My idea of August 09 remains in force. Apparently on the chart the price punched a triangle down and can continue the movement down. The first purpose of decrease is support at the level of 1680. The purpose according to Fibonacci will be 1650-1635 from where correction or even a turn is possible.


Information provided is only educational and should not be used to take action in the market.
Trade closed: target reached
The first objectives (1680) are achieved!
Trade active
I wait for accomplishment of the second purpose.
Trade closed: target reached
The second objectives are achieved!

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