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harshjapee

Gold counter trend raly into play towards 1990 ?

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
harshjapee  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Wave Analysis Trend Analysis Gold Technical Analysis
3
0
waveanalysis trendanalysis gold technicalanalysis
Gold seems to have completed impulse drop between $2075 and $1848. Ideally, a corrective rally should unfold towards $1990 mark, the fibonacci 0.618 retracement of previous drop. If a zigzag is underway, we should see the rally accelerate above $1920 until $1848 remains intact.

Flat for now, looking to sell higher @ 1950/90


Good luck!
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