JohnLiv

Watch as over the Year Gold's rate of rise increases momentum 2k

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OANDA:XAUUSD   Ouro/Dólar Americano
Following on from previous analysis, (links to charts below), Gold is following my projection Beautifully and as my method users the fractal theory I also see movement that is reflective, of the last highest high in 2013, my analysis is very much based of this theory on long term charts. I do see before the end of the Year, (mid late December), if not earlier a high above 2000, possible 2200.
The areas to look at over the midterm are 1647, 1683, 1722, 1748, 1783 and 1795, as can been seen from the chart a 100+ pip retrace is immanent but could come anytime between 1647 and 1726, the latter being the most probable.
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