If fed rate hikes, don't know weather they will hike or not. but, if they will, then there might be testing of upper line.. Finger crossed..
Corrective Wave coming but when, cant say, but is surely coming for corrective wave.
Buy gold on dips.. for target of 1275-1280. Small Motive wave coming. Target till 13th March.
Fib retrace up-to 23.6% i.e. 1250 and then 1245-1240.
1 month trade, Buy Gold at 1185-89. For the target of 1265. Path may not be same as elliott wave but will surely go up..
NG is repeatedly going down and then retracing back to 28.3%. Its retrace is completed and is now expected to fall again. Resistance 1 : 2.712 If resistance is broken and moved to 2.765 then reversal.. and go for long. For now, SHORT.
NG is on a bear run and is constantly coming up for retrace of 61.8%. But the question is will it go down again for bear run or will go up for its bull motive wave.
Long Natural Gas, most likely a start of motive wave. Target 4.410, CMP 2.939
Buy Gold, inverted Head and shoulder formation in gold... target 1280 for feb month. Using Pitchfork Tool, Elliott Waves, Inverted head and Shoulder.
Gold Divergence was found in weekly chart hence my 3rd confirmation for Gold Long for 1275. Using Pitchfork Tool and Commodity Channel Index (CCI).