If Gold breaks this area (1244/1250) will continue smoothly to 1320 (0.786 FIB) else may return back to (1220/1210) area
I expected the lowest price area more than 2 months back based on historical records to be 1122 area and it succeeded, so if I use the same approach (Historical records) so the max. price area this year 2017 may be 1430/1460 area (Scenario 1), Scenario 2 which is based on Technical Analysis will publish it soon
Silver and Short for possible landing area 15.500/15.000, till mid of December 2016
Good Chance to go Long if the EUR closed above the 1.07988 Resistance Line
1- The current Scenario is very Negative for Gold 2- Currently the Gold is Rectifying 3- Landing Area could be 1130/1120 then Long to 1445/1450 Area, this is Based on Numerical Analysis (Historical Records) 4- 2nd Scenario Based on Technical Analysis (as the book), the Landing Area 1100/1080, then Long from this area 5- We may see a Double Top at the 1200/1170...
Short till 2nd Week of December 2016 (Blue Rectangle is the landing area then Long till Mid of 2017 to 1445/1450 Area
It may go down to FIB 0.382 @1163 then strong Bullish or may down to the Res. 1142 then strong Bullish