Hello Everyone, we have an exciting setuop for GOLD! it seems to be making a triple top on the weekly! the daily shows a pattern and possible triple top so our best bet is to enter a pullback/correction, do not over risk as market can also blow through the top to take out stops or even to continue the bullish trend. But, If this bear wave starts and blows past the trendlines, We may be in for almost 2000 points/pips! Please do share your ideas in the comments. Watch this pair closely for the next impulse, trade it safely, trade with a plan, stick to your plan and you will stay in profit blue! Show some support :)
Comment:
50% fib seems like good entry
Trade active:
50% fib entry.
David K Giraldo
point is this is a great opportunity to short. wait for the right price and ride it out.