There are some amazing setups forming on the charts, here we have XAU/USD on the 4h chart with a bearish gartley.
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
This is a potential outcome for this pair, I would analyse the higher timeframes for direction before entering the move.
If you want more trading inspiration be sure to connect with me on social media :)
The measurements for a valid gartley pattern are detailed below.
B: 0.618
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
This is a potential outcome for this pair, I would analyse the higher timeframes for direction before entering the move.
If you want more trading inspiration be sure to connect with me on social media :)
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To all those still holding XAU/USD I would close your position in profit before NFP.
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