The next target of Gold is 1127. It is the target of "Bump and Run" reversal pattern.

The next target of Gold is 1127. It is the target of "Bump and Run" reversal pattern.

12 August 2015, 15:05
Yaser Sabbaghi
0
349

Have a look at Simple Moving 200 as it would be a pull back point and it acts as resistant.

The target of Bump and Run reversal pattern is about the height of rectangle and it would be 1127.

Chart XAUUSD, H4, 2015.08.12 12:54 UTC, FX Central Clearing Ltd., MetaTrader 4, Demo
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