Latricecd

Latricecd Updated 

On the weekly timeframe gold broke structure and retraced to a key fib level. If this current level holds and momentum switches bearish in the daily timeframe, I expect gold to fall to 1614.12 as TP1, 1491.58 as TP 2 and 1335.700 as TP3. My personal SL is around 1972 to maximize R:R , but trade is valid until 2064.64 area is broken and retested.