broughro

Gold - Continuation and extended forecast...

Viés de alta
AMEX:GLD   SPDR Gold Trust
If (A) ends at a 78% retracement of the ending diagonal as forecast then expect (B) to retrace 50% of (A) at (iv) of iii circle before launching (C).

It would be common for (C) to end where it equals (A) so if (B) ends at ~114 then (C) should take GLD to ~140.

Be ready to flip BEARISH once (C) approaches 140...cash Gold 1,400 should prove round number resistance...
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