1087$ is 50% retracement from the bottom September 99 to top September 2011@1920$
Gold closed twice in weekly below this level.
Gold seems to go south to re-test the yellow trendline (1050$ zone).
Next Fibo 0.618, stands at 890$
Gold closed twice in weekly below this level.
Gold seems to go south to re-test the yellow trendline (1050$ zone).
Next Fibo 0.618, stands at 890$
Comment:
Target Reached
Comment:
Wait for a break of the yellow trendline to enter short
Comment:
