1611 level needs to hold for this level 60 pip stop with following tp ( Yellow arrows are representing the move we are expecting, depending how maket opens will determine if I wait for 1611 or pull trigger sooner)
tp1- 1562.5
tp2-1554.91
tp3-1520.0
PINK trend line in my drawing is really significant to me, break of this can mean much more down side for gold heading down to low 1400s, blue arrows are representing possible scenarios when that PINK trend line is broken .
tp1- 1562.5
tp2-1554.91
tp3-1520.0
PINK trend line in my drawing is really significant to me, break of this can mean much more down side for gold heading down to low 1400s, blue arrows are representing possible scenarios when that PINK trend line is broken .