Gold (XAU/USD) – Comparing the Reward to Risk Profile of 2 Trade …

Gold fell to a new low on the month this week, currently around 1288. The 4H chart shows a market that is trading in an ABC pattern. With a C=A projection, the current swing targets the 1270-1275 area.Gold 4H Chart 7/25(click to enlarge)As we get into the 7/25, Friday session, expect some pullback. Price is trading near a projected support, and […]