Based on last 3 dips to backtest last level and to proceed to next level, average recovery and moving forward time is 25 bars on 2Hr (4 days). That times 1210 on 16th or 17th January 2017. Good luck
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Below 1190 is invalidation. EOD entry may also be valid today or next week's start.
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Also eyed would be 1220-25 which turns GOLD bullish on the Monthly/ reversal.
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faylee
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Good finding
bicktash
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@faylee, could not have done it without you, thanks for the support and friendship :)
RogerS
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Last rally ?
bicktash
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@RogerS, I do not know. until we have pattern we follow and profit. I have long from 1125 still alive and breathing as well ;)
RogerS
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@bicktash, wow, even a healthy pullback to 1160 will keep this alive 'til 1400 or ... what's your target long term ?
bicktash
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@RogerS, so far the uptrend is strong and consistent.