With Bearish Butterfly formation we are observing that price has found support @ 0.50 retracement and pushed above 0.38 levels , Since we are expecting a pullback towards point C which is not yet complete , Gold Short looks favourable from here till price is below point D ,
Short targets : First target '' point C'' and second target 1.618 of CD ,
Short targets : First target '' point C'' and second target 1.618 of CD ,
Note
first target point C reached ... now waiting little retracement and then move towards 1.618 of CD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.