sph88gumbi

Another opportunity on Gold

Long
OANDA:XAUUSD   Or / Dollar Américain
On our previous idea we stated that a break below 1660 will exposed 1620 level and market almost reach our target. Gold is on a correction phase on the bigger time frame and at the moment we cant specify a type of correction but is either a triangle or flat correction. At the moment we expect a price to shoot to 1680 level thereafter we will monitor a type of consolidation and see if we are going to have another push upward to 1720 level. A break and close of any candle below 1620 will invalidate this idea. Good luck
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