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Market_Masta
Dec 18, 2016 4:59 AM

XAUUSD - Pattern and Gann Fan Projections 

Gold/U.S. DollarFXCM

Description

Gold price projection. This isn't particularly how it will play out for gold although I do think gold goes below 1000 in 2017.

The 50-50-90 rule: Anytime you have a 50-50 chance of getting something right, there's a 90% probability you'll get it wrong.

Short term, I think gold consolidates some of the oversold steam between 1115-1200 12/2016-3/2017 then down.
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