NeeteshJain

GOLD GOLD SHINES TO BUY (XAU/INR) - FLAT CORRECTION COMPLETES

Long
FX_IDC:XAUINR   GOLD / INDIAN RUPEE
As per Elliott Wave Theory, Gold chart indicates a completion of a Flat ABC Correction that signals a new wave to upside. This is a good time to invest or take a swing trade position in this before the festive season begins in India where we generally see rise in the Gold 0.73% market. Take positions with stoploss at 87200 Target 1: 90000 then Target 92400.
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