Possible gold price actions after breakout from the triangle

Gold/U.S. DollarFXCM

Huraian

⋅ 19 Nov 2016 pukul 03.27

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

⋅ 21 Nov 2016 pukul 02.45

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

⋅ 21 Nov 2016 pukul 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 Nov 2016 pukul 12.39

TP1 1213, TP2 1208.

⋅ 21 Nov 2016 pukul 13.21

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

⋅ 21 Nov 2016 pukul 23.27