cfetrader
Short

1145 gold possible resistance

FX:XAUUSD   Gold/U.S. Dollar
77 1 1
A Schiff pitchfork envelops adequately the XAUUSD             price oscillations since December 2015. Will the current wave 3 rise end at ~1145 ? (upper pitchfork boundary line). The potential pullback intensity will distinguish whether a new XAUUSD             rising B-cycle has started or the A-cycle correction since 2011 will end instead of 1048 at levels at and/or below 1000.
cfetrader
a year ago
Some additional targets: (1) 1150 mid-channel line & (2) 1158 Fibonacci 76.4% correction.

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