XAUUSD Gold Update: H4 Butterfly
On the bigger picture, we have achieved our first target level.
As seen on the H4 chart
Price is printing a bearish harmonic pattern.
Potential retracement levels :
Murrey Math +1/8 1820
Murrey Math +1/8 1828
( I will wait for the Cycle Sniper confirmation )
Then we will focus on the red support line
Our Medium term target is 1861 $
Good Luck
As seen on the H4 chart
Price is printing a bearish harmonic pattern.
Potential retracement levels :
Murrey Math +1/8 1820
Murrey Math +1/8 1828
( I will wait for the Cycle Sniper confirmation )
Then we will focus on the red support line
Our Medium term target is 1861 $
Good Luck
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