A-B trend correction has now reached the 0.38 Fibonacci level and tested it twice. It seems that considering the demand zone at the level of 0.61 Fibonacci, reaching the price in the range of 1786 to 1790 is not unexpected.
Let me know your opinion Gold is in very tricky position and i think we should wait until a solid pattern
How i see gold with my indicator setup first one is BJ Reversal second one is VWAP and third one is BJ RSI
using 3 pitchforks to see what`s going on 1st simple pitchfork with Blue DASHED line in weekly timeframe 2nd schiff pitchfork with Colored background channel and SOLID lines in weekly timeframe(same cordinates with 1st pitchfork) 3rd schiff pitchfork with Colored DOTTED line in daily timeframe(A-B-C cordinates) price is in bottom of 1st channel of a weekly...