Gold need to hold 1430 to 1440 for Wave 3 to continue

Mar 1, 2020

Gold need to hold 1430 to 1440 for Wave 3 to continue .. Going break the support around 1550 is also not bulish.. let us watch for next few weeks on months..

If 1800 crosses we can expect 2500 in next five years.. As of now i have negative bias to go below 1550 and 1400.. let us watch it

Mar 4, 2020

Note

Gold struggling hard to cross 61.8% retracement at 1650... looks like B wave.. if B Wave confirmed.. then using daily looking at target of 1521.. if it cross 1692... this observation is invalid

Mar 13, 2020

Trade closed manually

will post separate update this week on Gold Minor upside to complete right shoulder is expected..but basically upmove is done now that US 10Y is also going back 1.7 which is negative to Gold