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Gold In For More Gains

Published 10/03/2018, 07:03 AM
Updated 03/09/2019, 08:30 AM

Gold made a nice and clear bounce yesterday, which is a confirmation that corrective wave B found a low at the Fibonacci ratio of 61.8 and that more gains may be in for the precious metal. We now see a completed correction and expect to see a new five-wave rally into wave C, which can target area near the 1230/1240 levels.

Gold 4 Hour

Latest comments

Hope you are right! Not looking good right now.
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