Gold Bounces --Bang On...18:00 Hrs (Look for Bounce Till 1352$)

Aug 9, 2016

Bang On...As per previous update---"Gold Futures--Looking to Melt...first push & Fall below 1355$".....in comment section...18:00 Hrs IST--8th Aug 2016----Gold Makes a low 1335...we were looking for a bounce ---We got it....Gold Made a new session since yesterday at 1348.50....which 38.2% retracement of the current fall...Once It starts going below 1340$---we can get 1336--1337 as partial targets If it breaks 1335$ --we will continue downside...

Regards,
Abhishek H.Singh,CMT