Expected to touch 643 levels, then a bounce back to 750 levels. Targets updated on charts. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Gold which was moving sideways , finally witnessed a breakout on Oct 11, 2018 to close at 1224. Current target: 1251 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Breakdown on descending triangle, Sell: 2543; Target: 2224; SL: 2700 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Breakdown on descending triangle, Sell: 2543; Target: 2224; SL: 2700
As per Daily charts: descending triangle: Sell: 183,Target: 145 SL: 210 Overall LT target of 57 as per rounded top formation Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Breakdown from the channel (with volume confirmation) , indicating more downfall;Sell:395, Target: 295, SL: 445 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Descending Triangle Pattern: Sell:363, Target: 244; SL:425 Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.