1 reply to this topic

[kacraj]

My chart shows CMP 1304.87

Based on 1H analysis, I expect Gold to move down towards 1288-1286 minimum if restricted by 1310, 1325.


Gold has done 61.8% retracement already. As a Wave C targets I expect 1288, 1280, 1272, 1260.


Any reversal from these I expect 1345 first.

Positionally, I am bullish and my targets are:

1345, 1365-1377-1387, 1400, 14303-1450-1465, 1485-1493-1515.

I welcome your comments friends. If I am wrong, please guide me friends.

[dougie]

Not sure I follow you. You expect gold to sell off here but are positioned long?