GLD Prepare to Long, V Pattern calculation

V Pattern (XYABCD) FIB# calculation
YA= XY * 1.618 (also could be 1.13, 1.272)
AB= YA * 1.272 (also could be 0.786, 1.13,1.618)
BC= AB * 0.382 (also could be 0.5, 0.618 )
XD1= 1.618 extension of XY
XD2= 2.24 extension of XY
XD3= 3.16 extension of XY

I will create detailed trading plan according to following price action:
1. If Price goes into demand zone at least 10%
2. if any Reversal candle in demand zone
3. if any faulse breakout
4. If down trendline break near demand zone
5. If a breakaway Gap near demand zone
6. If Bounce up and cross over SMA8

I created similar V Pattern projection on SPY 3/27/2020. It had been proved by market price action.
See the linked Related Idea.

Commento:

I prepare to long the Pullback, but GLD did not go down any more.
If I sold some put at that time, at least, I got some money for lunch.
Next time, I need to plan more strategies in option.