This is what i am expecting further in gold.
Momentum have turned upside.
MACD is changing the direction upside.
There are two alternative count.
One in blue is a count for upside where wave II have completed with a expanded flat and Wave 3 is on its way.
Second in red shows a possibility of further correction in gold and can reverse from 1714-1722$.
Let price itself make the decision and wait n watch.
I am bullish on gold looking at MACD and momentum chart.
This is for education purpose please consult your adviser before investing.
Regards
Rinkesh jain
Momentum have turned upside.
MACD is changing the direction upside.
There are two alternative count.
One in blue is a count for upside where wave II have completed with a expanded flat and Wave 3 is on its way.
Second in red shows a possibility of further correction in gold and can reverse from 1714-1722$.
Let price itself make the decision and wait n watch.
I am bullish on gold looking at MACD and momentum chart.
This is for education purpose please consult your adviser before investing.
Regards
Rinkesh jain

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