TVC:GOLD   CFDs on Gold (US$ / OZ)
7
I kept getting sell signals and not seeing a sell. So I did a markup with market flow, alt abcd pattern and currency the markets has completed its full extension move at 1.618. But on the Daily time frame I still notice that the bulls are still in the market strongly and there are no sellers. We currently are at about a 78.6 retracement level, but we also know that 88.6 is a strong reversal zone too. Could gold be playing out a harmonic which i have charted out. We will see. But!! there is as strong FIB cluster above which indicates a very strong reversal zone. Gonna see what price does here. I feel a little pullback will be necessary. Price has been rising for a long time and needs to breathe. You gonna watch with me? #mspipsalot
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