Since March 18 2014 
XAUUSD is experiencing a down trend corrective structure. It completed a Cypher Pattern lately. Although it had a little breakout on 8 Feb and 9 Feb, it went back as well.
Coincidentally, the end of Cypher Pattern and the upper of the Corrective Structure are both around 1190.
XAUUSD could breakout again to up trend or go back to down trend.
As the method of Cypher Pattern, it should decrease.
S1: 1170
S2: 1151
R1: 1215
R2: 1232
XAUUSD is experiencing a down trend corrective structure. It completed a Cypher Pattern lately. Although it had a little breakout on 8 Feb and 9 Feb, it went back as well.Coincidentally, the end of Cypher Pattern and the upper of the Corrective Structure are both around 1190.
XAUUSD could breakout again to up trend or go back to down trend.
As the method of Cypher Pattern, it should decrease.
S1: 1170
S2: 1151
R1: 1215
R2: 1232
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.