Gold having plunged on Friday could retrace from its 3rd wave drop and bounce into a 4th wave correction @ 1st 1512.53 and then 1532 4th waves are know to be quite choppy and should not go beyond wave 1 @ 1554.99 so be careful the gold situation is not as simply as it looks but does present a number of great opportunities for the care planned and patient individuals.
Gold could also form an ABCD Harmonic Pattern if 1512.53 is held and 1554.99 is broken targeting
78.6 fib level @ 1590.31
Mail me on Kasim@onetwotrade.com
No comments:
Post a Comment