Take a look at the Gold 30-min chart structure:
- Price has been in a sideways trading range
- The harmonic pattern AB=CD on the left made a low at 1285
- The harmonic Butterfly Pattern in the middle made a low at 1281
- The harmonic pattern on the right AB = CD is supposed to complete at 1298
Gold 30-min chart indicators:
- We look left for resistance around 1298-1299, which is a sell level
- We look left for support around 1293-1294, which is a buy level (take-profit)
We set our stop loss above 1300
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