Akil_Stokes

GOLD/U.S.Dollar Back down to 1200

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
After yesterday's scare, Gold has given us an outside return back into previous structure highs. On the way we've happened to form an advanced pattern as well. I typically prefer deeper completing Gartley patterns, but even though this one is shallow, it goes with the underlying trend. Pattern traders can look for a move back down to that magical 1200 level, why trend continuation traders have the opportunity to use this as an entry reason to hop on a potential bigger move.

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