XAUUSD strategy update: Waiting to buy

XAUUSD strategy update: Waiting to buy 1842-1845

The fourth internal retracement pattern (IP4)
The key levels of the IP4 pattern:
L1 = 61.8 %
L2 = 14.6 % (market entry level)
Stop = 0 %
Target = 61.8 % (a take-profit order should be placed at this target level).
The pattern's P/L ratio equals 3.3:1
fibonaccianalysisFibonacci RetracementTechnical IndicatorsTrend AnalysisXAUUSD

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