Goldharmonicanalysis
BUTTERFLY BULL ON H1, H2 & H4 |HARMONIC + FUNDAMENTALS + TECHThis butterfly pattern seats in a pretty comfortable support and resistance zone with a somewhat visible ascending head and shoulder formation. So I have picked my entry points as you can see but remember to watch the fundamentals.
Here are the fundamental factors to keep in mind on Gold:
-Australian ANZ Job Advertisements
-Australian TD Securities Inflation
-Australian Inventories and Company Operating Profits
-Japanese Consumer Confidence
-US Factory Orders
-UK Markit/CIPS Construction PMI
-Eurozone Sentix Investor Confidence
-Eurozone PPI
Good Luck