Gold on the way to finish last leg up
to perhaps at the current level or more
to as high as $2030/Oz.
Then a downtrend may resume for much
lower level perhaps to as low as $1400
in the coming months or so.
Sustain trading above $1550/oz may pave the way
for much higher Gold price, otherwise, if prices
keep trading below the channel's upper trend line,
then Gold may resume long term down trend.
gold hot a very important low at 1303 which represented 100% fibo expansion for three corrective waves.
we started final impulsive wave 5 probably in an up channel which is done with the lows and its time to go long targeting 1420
today is ADP employment and Friday non farm payrolls we expect upside momentum,
