Gold form power swing daily candle Top 1662 Level

Gold form a power swing daily candle ,expected market still bullish if break 1673 next level will be 1696.

Watch out for weekly fib 50% at ” 1719 ” Level . If not breaking 1722 level and form a daily reversed candle  will be wave 3 downtrend, projection will hit market 1430 level.

For conservative trader Long at 1652 and Cut loss point will be 1641 for daily long position.

 

Gold Power swing as Projection 1597 level..Top 1623.

Gold form bullish daily candle as projection of yesterday power swing candle. 30min candle can see very clear about how power swing form  ” V ” Top at 1623. If continue uptrend today will hit 1640 level before form a divergence candle.

Let see today how non-form payroll perform.

For those who long yesterday should protect profit at 1616 level. If break 1615 expect to hit 1605 level.

Happy trading.