Gold looks like it's ready for a little pop up to the 121-122 range. would like to see it go above 116 and stay above for a day or two as confirmation.
Comment:
we might see a little bit of a pullback coming up. the 116.10 level is now support and this looks like a beautiful AB=CD pattern
Comment:
looking really good. if you look at it again, we have another Fib setup from 113-118. it retraced 38% from 118, and now has broken that level. We could see the market slip back and test the 118 support level tomorrow or early next week. bot the Fib that i originally placed and this new one put target level right around 122.
