one of my favorite patterns to trade.could move to $23 from current levels two possible scenarios as shown in chart look for buy set ups
Incoming impulse wave Looking very bullish
probability for next move
waiting for gold to hit around 1525 to 1528 range and if good set up then short position
short opportunity if nice set up made on chart
PROBABILITY TO GET UPSIDE MOVE ON NZDUSD PAIR MOST PROBABLY TO HIT LOW ONE MORE TIME AND THEN GO UP
probability to form a channel and go downside
short term long and long term short opportunity