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Gold Hit our View 1100 exactly as we were Looking for like emoticon
With This believe & Confidence , we will Proceed Next .....
At This time we are looking for retracement to 1091 or near 1086 then it will rise again to New target which is 1124 & 1133 wave (v) : (Y} ground.
We are looking for some corrective moves today as near 1091 or near 1086 area so We are in phase of wave (iv) and on bigger scale , we are in wave (3) or you can say if we take this as corrective then wave (Y}
According to alternations principle : Wave 1 took a lot of time so we think this current move will take less time and will retrace not too far as per our configurations and Analysis.
Our protections lies at 1091 & 1086 levels,
Our invalidations lies at 1084 and 1080 as minor & major
We are looking to Ride the Big shoot from levels 1091-1086
Trading recommendations :
Stay patience as its not time to trade . We will look buying opporunities near 1091 or near 1086 with stop loss at 1084 or more draged 1081 and our targets lies at 1125 next 1133 Approximately.
1% Risk per trade & Stop trailing & 1 trade & securing management.
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