BUTTERFLY BULL ON H1, H2 & H4 |HARMONIC + FUNDAMENTALS + TECH

This butterfly pattern seats in a pretty comfortable support and resistance zone with a somewhat visible ascending head and shoulder formation. So I have picked my entry points as you can see but remember to watch the fundamentals.
Here are the fundamental factors to keep in mind on Gold:
-Australian ANZ Job Advertisements
-Australian TD Securities Inflation
-Australian Inventories and Company Operating Profits
-Japanese Consumer Confidence
-US Factory Orders
-UK Markit/CIPS Construction PMI
-Eurozone Sentix Investor Confidence
-Eurozone PPI

Good Luck

Comentário:

Correction: The support line at 1241.73 is a DAILY SUPPORT line

Trade ativo:

Sell order was activated at 1265.60

Trade fechado: stop atingido