cfetrader

1145 gold possible resistance

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
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.
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