GOLD Right-Angled and Descending Broadening Formation

5. Sept. 2017

Gold has formed a Right-Angled and Descending Broadening Formation on hourly chart.

Short at CMP ($1336.5)
Target: $1325
SL: $1340.1

WE WILL LOOK FORWARD TO GO LONG ON THE 3rd TOUCH AT THE BOTTOM OF THE PATTERN.
Keep watching the space

5. Sept. 2017

Anmerkung

If SL is hit for the short position we will reverse our position with a target of $1350

8. Sept. 2017

Trade geschlossen: Ziel wurde erreicht

SL hit for short position and reversed our position with a target of $1350.
Target hit

8. Sept. 2017

Anmerkung

Currently observing a megaphone pattern