Overall I still have Gold -0.30% respecting the uptrending Channel. I have drawn a pitchfork and see it respecting perfectly. We also have gold -0.30% reaching the 61.8 fib re-tracement level, depending on how you use them. Overall we do have one more push down before this occurs. Im looking to enter at 1264.7 due to spread. Happy Trading
Comment:
If you take this limit I can see it going to 1278/1280 then might drop to my limit where stop loss is. I'd set a buy limit on that purple line