Stop under double parallel line.
Gold has reversed rapidly from yesterday. If we can hold the double parallel line and 0.618 Fibonacci level then the target is the next ascending parallel line. ISM news in under an hour
Again I will follow XAUEUR since it was very useful for the getting out of the short trade that I posted a few hours ago. If XAUEUR breaches the highest descending parallel then this is very bullish for Gold
Gold has reversed rapidly from yesterday. If we can hold the double parallel line and 0.618 Fibonacci level then the target is the next ascending parallel line. ISM news in under an hour
Again I will follow XAUEUR since it was very useful for the getting out of the short trade that I posted a few hours ago. If XAUEUR breaches the highest descending parallel then this is very bullish for Gold
Note I have adjusted the Fibo lines to account for the new low at 1302
Targeting 0.5 or around 1332