mrkstocks

Learning structure analysis for investment - GOLD

Short
mrkstocks Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Tried to apply my learning of structure analysis on GOLD.

GOLD already done AB-CD pattern. But, the really sellers may come around 1800 - 1870 levels.

From there I am expecting a correction to 1650 range (38%) of recent move.

I did not try to estimate time.

Comment:
I tried to use GANN FAN to predict possible target date for 1800+.

It comes around 17th Jun.

Will be tracking this for that target. After that a fall is expected.


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