Gold might have carved potential Wave 4 around $1756 levels earlier or might produce another rally towards $1770/75 before terminating Wave 4. The yellow metal is eventually targeting lower towards $1650 and $1550 but remains to be seen if it does from current levels or completes a larger degree A-B-C flat. A break above $1715 interim resistance would confirm Gold is heading north towards $1770/75 at least.
Remain short against $1960, towards $1650 and $1550 respectively.
Remain short against $1960, towards $1650 and $1550 respectively.