Gold continues upwards, first target at $1535

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Gold's recent breakout after the Saudi attack may have sparked a larger move upwards... Retraced to around 61.8 Fib level then bounced out of channel.... backtested channel and continuing upwards again. First target is 1535 with stop at most recent low 1484.50... Move could be dependent on FOMC meeting tomorrow...

١٧ سبتمبر ٢٠١٩

ملاحظة

1535 is my first target because it is 1.618 times the length of wave 1...

١٨ سبتمبر ٢٠١٩

ملاحظة

Looking good so far, would not be surprised by a sudden flash down... will not get shaken out unless price goes through stop loss at 1484.50

١٨ سبتمبر ٢٠١٩

ملاحظة

Stopped out