johnaston42

johnaston42

Gold should complete correction to 0.382 fib level before ossible continuing of bullish trend.

johnaston42

Gold correction has began after big impulse ended. The all time high is confirmed and Gold is likely to correct down to the 38.6% fibonacci level before we may see continued impulsive buys.

johnaston42

I expect Gold to reach about 1.618 (2740 level) before a correction to new daily support level.

johnaston42

I expect Gold to extend to about 1.618 (2740 region) before we could see a reversal daily resistance turn into support.