Clear sign of trend reversal and historically classic movement for GOLD .
Wait for CONFIRMATION (big red canle) in order to jump in as the price may go all the way down to the 23,60% Fibonacci level at 1251-1257.
GOOD TRADING TO ALL OF YOU
I'm prudent and patient enough to wait for the price to break out important level which I believe is in the 1314-1316 area; once it breaks that, I will enter the trade targetng 1305-1306 first with relatevely high leverage and a small SL just above 1316.
Im open to suggestions :)
succesfull trade !!!!
I'm open to any debate as long as they are documented or at least explained in details..... :)