gelena3000

2H Harmonic on GOLD - I'm watchin it ... BAT

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I will be looking for shorts @ the 1306.000 zone, my TP will be 38.20% or 61.80% of the Daily retracement level (check previous post); from here I am expecting a continuation of the daily rally following the break of structure. There is also an inverse head and shoulder formation on the 4H TF which is added confluence for this trade idea.

All feedback welcome x

TMC

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.