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harshjapee

Gold progressing in Wave C towards $1950/70 ?

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Ouro/Dólar Americano (OANDA:XAUUSD)  
harshjapee  
OANDA:XAUUSD   Ouro/Dólar Americano
Trend Analysis Wave Analysis Gold Technical Analysis
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trendanalysis waveanalysis gold technicalanalysis
Gold had dropped from $2075 through $1848 sub dividing into 5 waves, potential Wave (1). Since then a corrective wave might be unfolding A-B-C and could push through $1950/70 zone, the previous Wave 4 termination. It would be good to sell on rallies through above resistance zone for a Wave (3) lower towards $1670 at least.

Sell @ 1900 and add more @ 1950/70, stop @ 2075, target @ 1670


Good luck!
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