alanchin

New pattern for gold. Extended Fibo123.6=2142 exectly reached.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Weekly retracement will happen this week. No chasing for bullish above 2080 before retracement finish.

We've closed half of our buying orders at 2140 opened at 1845. Great profit again!

* 1st resistance: 2080. 2nd resistance: 2180.
* 1st support: 2035-2040. 2nd support: 2000-2005.
* bull & bear boundary: 1950

We moved all our buying orders opened at 1845 up to 1949.

Note: Draw Fibo retracement lines from 1810 to 2078 and you will see why bullish target is 2140. Amazing result!
Fibo1810-2078----->Extended Fibo123.6=2142.
Extended Fibo138.2=2181.
Extended Fibo150.0=2213.

That's why I often say, IF YOU CAN READ THE SECRET CODE OF GOLD, MONEY GOES TO YOU!
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