Gold is expected to drop to US$900-1040. Then the final leg of the bull market is expected to peak around US$5000 in 2017.
$GC_F $GLD Bouncing nicely off the bottom end of its recent range....
Gold looks heavy today, can it hold the trend-line? $NUGT $DUST $GDX $GDXJ
gold has dropped and shall keep dropping from current level ,dollar strenght is always gold negetive ,if you see the close of eur/usd it is showing good strenght to weeken further
Now it will get correct to 1325 to 1333 area. After that we will start toward the next target 1260-1270
1223 1180 possible downside targets $GDX $DUST $NUGT
I like how the Fibonacci retracement and extension levels match up around the whole number giving gold a 100 point range. My original position was entered at 1316ish and subsequently sold at 1352ish. Now I'm looking for the next trade. I see gold in the middle of a range, ultimately, I can see the trend shifting, but I usually don't trade betting on a trend...
Bearish butterfly scenarios peg 1560 and 1665 as potential reversal zones. In other words, completed patterns suggest lower from one of these levels; but not before a double-digit build-out from current levels. $GLD
Potential bigger bullish movement in area of angle b or c use the horisontal entry angle for pontential swing on a bigger move in Gold,,, I will record a video of this bigger move. and post a link below this chart.