One can either Trade C to D or The Dpoint of this pattern. we see a respect of red trendiness so be patient and wait on it!
Right now XAUUSD sits on 88.6% of the last high. I expect it to shoot past this point and continue to ABCD presented or Butterfly Pattern. iExpect a slight drop from the 88.6% and than a continuation upward.
After Anticipating Last weeks drop to 128. we were able to making a beautiful 600 pips holding strong trades down to last weeks D point on our ABCD, this week i am expecting a steady move down to the 120.5 price area in consistency with our next POI. right now we have a possible smaller bat pattern forming on the 15 minute chart at 131.4 and i am expecting 131.7...