Gold (XAUUSD)
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Trade Plan (Pending): Buying Gold at $2,727

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Mixed price action has resulted in an Ending Wedge pattern being posted on the intraday chart. On a break of this morning time of $2,741 the measured move target is $2,762. We will complete a Crab formation at $2,784. We are currently assessed as moving lower within the BC leg of this cypher formation. Support is located at $2,727. A break of the trend of lower lows, currently located at $2,724, and the bias is negated.
SL: $2,718
TP1: $2,784
R Rate 6.1
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