It's time to short on Gold and gain your profit on the long run, i recommend to make your stop loss on 1300 and take your profit on 1239 as a first stage
It looks like we have finished sube-wave 3 of 3 and just started sub-wave 4 of 3 , so it looks short for now, but it's long on the medium and long term
The Flag has been broken with a confirmation to the downward, the Previous Patterns also still have existing target around 1.4-1.5, SO, It's time to SHORT!!!!!!
Oil has broken the resistance level in 55 with confirmation from RSI ( Breaching above 70) and MACD, Actually we may see the 59 $ soon.
After the outperforming American Economic Data the beated the foretasted Data, the EU has broken an important support giving us targe of H.S which might be equal to sub wave c in wave 4. so we better short
sub wave 1 in wave 3 is leading diagonal so we waiting for sub wave 2 then we will have a good rally in sub wave 3 of 3