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XAUUSD Gold Update: H4 Butterfly

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
On the bigger picture, we have achieved our first target level.

As seen on the H4 chart


Price is printing a bearish harmonic pattern.

Potential retracement levels :

Murrey Math +1/8 1820
Murrey Math +1/8 1828

( I will wait for the Cycle Sniper confirmation )

Then we will focus on the red support line


Our Medium term target is 1861 $

Good Luck

Trade closed: target reached:

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