FOREXFIT

GOLD UPDATE - is it time for a retracement ?

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
GOLD has perfectly been following my previous analysis and has been bullish since forming a weekly HL off the 0.618 zone of confluence - I still have a bullish weekly and monthly bias and targets of at least 2000 however Looking at the PA after the recent bullish impulsive wave we could easily see a corrective wave. Hope you enjoy the in depth price action analysis.

REMEMBER this is my opinion based on the information provided to me from the chart and my personal trading style, we still need CONFIRMATIONS to support my bias before we can look for new entries.
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