on gold 1hour we have 3angel pattern now AC indicator daily is red (on AC if price break high , sell will switch to buy)
if gold break high , will see fibo 61% even above it if gold break red trendline + low it is a ALERT for new down trend ( in index like Dax , dow they are ready to go up , so can push gold to 1700 even 1600
i have sellstop in low from yesterday
be careful (use very low size , put SL in low,high) gold is in range candition , can explode up or down BREAK BIG TRENDLINE IN UP 1880 OR BIG TREND LINE IN DOWN 1800 WILL SHOW ITS NEXT BIG TREND
advice = when we see Pinbar on high time like 60-240-1440min it is good idea we pick order but very low size with SL in pinbar low/high note : still gold upper target is 1920(daily fibo 61)
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