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KondrackiKarl

Gold $1680 by March 2nd? Cup and Handle with Elliott Wave Count

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
KondrackiKarl Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Fibonacci Cup And Handle Elliott Wave Fibonacci Extension measuredmove
7
0
fibonacci cupandhandle elliottwaves fibonacciextension measuredmove
Estimating that Gold is making a Cup and Handle on the hourly chart finishing a micro correction.
Measured move target correlates with Fibonacci Extension 127.2% target around $1680 which I estimate will be hit by March 2nd.
Comment:
Very wrong yes
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