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FUNTRADER-Vera
Mar 22, 2018 7:54 AM

GOLD: targeting 1366-1400 Long

Gold/U.S. DollarFXCM

Description

Traders,

Assume that Gold has just finished a corrective wave with the support of 1310( RED WAVE). This corrective wave happen to be a 2-month wave 6, and now wave 7 is targeting 1360-1400.

FOMC as a trigger only help gold to confirm the support of 1310, yesterday the bull candlestick on daily chart just tell us this.

Less is more!

Comments
Acel
I've got your back Vera! Taking the rebound.
KATLEGOKAY
I have sold it. Based on historical gold chart pattern. Target 1241. Whats your take on that?
Kendallh
Do you think gold going rise again next Friday.
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