Bullish Cypher on Spot Gold Hourly

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
It has been observed that bullish cypher pattern is emerging on the Spot Gold Hourly Charts. The spike down didn't touch the entry point, so we can wait for it to complete and enter.

Long at 1221.8
Stop: 1217.16
Target: 1230
Trade active
Trade closed: target reached