Gold - If below 1190 - it may trigger a move to 820 in Q1-15

FX:XAUUSD   Gold Spot / U.S. Dollar
351 0
- Above 1270, Gold may be out of the woods.
- 1190 is a very important support.
- A wave V down could be missing. (wave III was 600 USD, the maximum move down could be the same from 1431)
- If 1190 is broken, Gold may fall as low as 831 in Mar 2015 where it would be a multi year buy

For now, watch.
It will be interesting to see how Gold behaves if there is a meltdown on equities. It is not guaranteed that it would take a safe haven role in a deflationary induced correction....
I am more interested in the subsequent buy.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out