johnconner966

GOLD Forecast 12/14

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Potential buy of the C wave near the .618% @ $1770, from there price will expand into the 1.618% @ $1824. In this zone there is confluence at 50% of the macro wave @ $1820.

Once price starts to close above the overall macro POC of $1784, we could see price start to trend towards the target.

Entry in 1770's are safe as long as the C wave is still valid.

TP 1824
SL 1768 or below previous lows
Trade active
Trade closed: target reached
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