EliteOtaku

Long Gold for 3 days at the most

Long
EliteOtaku Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold seems want to bounce for last time, if it can hold friday's low and raise beyond 1492, then we can expect it to hit 1512 or 1535, I prefer 1512.X if the date is 16th.

So let us wait and see.
Comment:
short term buy zone is 1470 best, or 1482. pay attention for RSI and AO signals.
Comment:
If Gold can't hold 1480 on Monday, better watch before enter. Cancel buy order on 1470 before we see OK signal.

Gold might hit 1440 to complete wave 4.

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