1489瀏覽
Gold turned sharply lower then past week from 1295; clearly in impulsive fashion so it appears that metal is headed into much deeper levels within a correction of a higher degree. On the updated chart we are looking at A)-B)-C) decline in progress down to 1258 area, or possibly even back to 1245 before market may look for a new bounce; most-likely at the end of the month.
Disclosure: Please be informed that information we provide is NOT atrading recommendation or investment advice. All our work is for educational purposes only.
Disclosure: Please be informed that information we provide is NOT atrading recommendation or investment advice. All our work is for educational purposes only.
We cover FX and Crypto Currencies
Check out for more at http://www.ew-forecast.com
Check out for more at http://www.ew-forecast.com
and i really see nothing impulsive going up there like u proposing, all corrective, rather move from 1295 down was impulsive
and i miss one leg down, y, correction from 1377 top
trade safe
cheers
Take care
a ZZ
Good count. It is more bearish. I prefer your count. Thk