MendapFLY

Possible turning down GOLD

TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD is making new high time again . After making new analysis , i came out with two path for the XAUUSD. GOLD posible turn to BEAR pattern after the news today. But , we need to be alert on daily chart pattern. I noticed , the wave still not in full pattern yet. Wedge on daily chart , the price gonna hike to 2400++. As my advice, when the price hit 2247 , we need to wait the confirmation first before entring SELL MODE. Let the price close under the trend line first and let the price brek the bottom trendline as we want the Strong confirmation. If the price break the wave as i plot on the graph , the price gonna fly to 2400++. This time if price making move to bear mode , we can target 1000+ pips in futures. The previous chart sharing from me is making 500pips and still going up. Its a WIN for those who follo the analysis. Keep safe.
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