FX:XAUUSD   Gold Spot / U.S. Dollar
Gold The yellow metal hit exact 1045 our ideal target. With this confidence and believe we are processing Next.
Our 5 waves requirements looks complete here at 1045 and We are changing our mind from BEARISH TO BULLISH mind.
We are BULLISH for the first time in last 30 days here as per calculations.
We believe that Here there is possibility of unfolding Substantial corrections towards 1100 atleast as we are watching the ending diagonal shape at wave 5 and also there is decent divergence we are watching so guys tight your belts for the next upside rally which is be limited to 1100 or near 1120 as substantial corrections.
We will remain in weekly as downtrend towards 1000 as ideal target.
Today unexpected if Gold cross 1040 then we will allow gold more down direct to 1000 levels.
Today as far as 1040 safe , we will Find buying opportunities on Gold .
We know our this step is bold but we are bound to our calculations and we trust them more than else.
Trading recommendations:
Look for surprise Bullish short rally and buy from above 1060 stop below 1050 and target will be 1100 and 1120
Unexpected if 1040 breakdown happens then look sell and target 1000


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