Gold Rate from 1512 High

31/10/2019 Spot Price 1512 A Break Above Current Resistance Level 1519
If the Gold Rate is going to push any Higher within this Rising Trend then 1592 to 1610 still will remain within the High-side.

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Gold Rate Spot Price 1510 Possible Trend Reversal Stage the last drop low appears to large to slot into the Daily Chart High at 241% percent bar 1654 - So i`m considering that the Rate will Trend Down. So setting 1318 as near term low and support level. Just open opinion at this stage in the Game.

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07/11/2019 A Gold Market Update - As Chart Analysis I consider that my Fibonacci Method is constant to Price Estimation and Price Fluctuation within the Indexes and Channel Ranges - Just as Proof to these values I further estimate that the Gold Trend Cycle High is currently over and that I expect A Drop in the Rate. How I arrive at this analysis is that over the course of the monthly chart cycles - The Rate makes 3 channels at 90% percent bar from low to high - With the 3rd Channel already overly extended at 1555 - the Fourth Channel should consist of At A Lower Low Outcome. Where Price is set towards 1318 and below this level towards 1160 & 1132 at A Secure Support Level. -

Only time will provide the answer to my Forecast. As well my followers have the opportunity in keeping A Record of my Live Market Trading Calls.

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