GreenGateFX - XAUUSD - Daily Fractal
Today we're going to share with you a fractal we have been monitoring for a long time on Gold. The fractal is taken from a previous movement in Gold in the past. As we know the market repeats itself which is why we use chart patterns and fractals to give us an idea of what the potential movement of the market can be and where we can potentially end. Fractals are never 100% but when drawn up like this you can see how effective they can be in keeping you in the right direction on the markets.
We're not going to go in to too much detail but you can see the fractal may be leading us towards creating a double top around the 1920 level on Gold. We've struggled to make it as clear as we wanted to as we would usually be teaching this on screens and numerous charts in detail to show exactly what we're looking at. Hope the arrows and boxes are enough to give you a better understanding.
Please do not rely on this, its simply a potential roadmap on the the price movement. The market is changing daily and can make huge moves in a week, its just simply something to keep an eye on and for reference.
Please do give us a like and a follow.
GreenGateFX
We're not going to go in to too much detail but you can see the fractal may be leading us towards creating a double top around the 1920 level on Gold. We've struggled to make it as clear as we wanted to as we would usually be teaching this on screens and numerous charts in detail to show exactly what we're looking at. Hope the arrows and boxes are enough to give you a better understanding.
Please do not rely on this, its simply a potential roadmap on the the price movement. The market is changing daily and can make huge moves in a week, its just simply something to keep an eye on and for reference.
Please do give us a like and a follow.
GreenGateFX
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