GOLD LONG - CYPHER PATTERN

1 Ağu 2017

Gold looking good so far. the price broke the B - point I think yesterday. now it is approaching the D-point to complete the bearish Cypher pattern at the 78.6% Fib ratio. Soon I will be looking to go short and take profit at the 38.2% Ratio. I don't think the price is going to break the 38.2% and hit 61.8% for the second t.p. So I won't be greedy. So lets see how it plays out.

Kind Regards