Possible gold price actions after breakout from the triangle

Gold/U.S. DollarFXCM

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⋅ 19 Th11 2016 03:27

Possible gold price actions after breakout from the triangle. Let's see what will happen.

⋅ 21 Th11 2016 02:45

Looks like a ABCD pattern to 1216~1218(0.5 Fib), will short from there.

⋅ 21 Th11 2016 11:22

TP1 1208. TP2 1200 might not get there today. Long from 1208 to 1218, then short from there again. If the price goes up to 1218,continue to short.

⋅ 21 Th11 2016 12:39

TP1 1213, TP2 1208.

⋅ 21 Th11 2016 13:21

See the strength of bear, stay with the original plan. TP1 1208, TP2 1200

⋅ 21 Th11 2016 23:27