Gold alternative count!
Gold came down as expected
Now gold have came down and touched the low of 1635$.
Wave A = Wave C.
Price have retraced 61.8% of may 2012 to oct 2012 rally.
Strong multiple support can be seen at the lower level
This will be end of Wave 4. Wave 5 have started and from here we can see a up move in the price of gold.
CCI is making higher low.
RSI is moving upside.
MACD is narrowing.
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