Long

Elliot suggesting gold is still Long for Immediate Target 1362

Updated

Yeah First have looked the story of gold here how Elliot consistently gave 6000 ticks i.e 600 pips in gold short from 1262 up to 1204 at the time of writing this blog though my Avg sell was 1255 but As I was sure for correction from Economic sentiments so I kept my short with proper risk .

Now the most awaiting gold why gold going to 1324

So the story is in short for learners

Still In the channel
Movine and correcting in discipline
corrected in the worst environment up to golden fibbo at 61.8% level i.e 1206.673
So by having this little analytics we are still in longer perspective for target of 1362
Wave target is there supply is there where we could see longer correction again

You are free to ask or comments
Trade safe and have nice profit .

Thanks and regards

Dipak Z.

Note

Gold added in long environment Aussie may follow this move and heads for next 100 pips in both gold and Aussie

Note

Dollar Index Killers will support GOLD see how

Who killed Dollar Index despite stronger Sentiments and dragging

Trade active

watch out levels guys 1258 looks next

Trade closed: target reached

achieved 1278 and closed

Dipak___Z

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