Gold : Our Bullish plans were successful and we saw nice pullback so now with this Success Calculations , We will proceed.
Now Gold is under the phase of Corrections.
Our invalidatios are far away for now as 1157
We think 1166 or specially 1060 will not allow it down and we will allow gold to touch 1100 for now or little above 1117 as completing ideally the corrective phase in the shape of wave (C)
We expect market to shape as triangle for next few days I think.
We should see for now as short term bullish opportunities.
We are still Bullish on Gold but on larger time scale we will still have bearish targets like 1000 number.
Trading recommendations :
Look for Bullish opportuntiies and Buy near 1066 stop below 1060 and target 1100 , do not go with big trade size as we still against the trend.
Now Gold is under the phase of Corrections.
Our invalidatios are far away for now as 1157
We think 1166 or specially 1060 will not allow it down and we will allow gold to touch 1100 for now or little above 1117 as completing ideally the corrective phase in the shape of wave (C)
We expect market to shape as triangle for next few days I think.
We should see for now as short term bullish opportunities.
We are still Bullish on Gold but on larger time scale we will still have bearish targets like 1000 number.
Trading recommendations :
Look for Bullish opportuntiies and Buy near 1066 stop below 1060 and target 1100 , do not go with big trade size as we still against the trend.
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