Why to buy Gold...
As shart shows 3 Red- 1 green
2 red - 1 green
1red - 1 green we can expect.
If gold want to go down then to make M pattern, it will go up
If gold want to go up then also it will go up...
Look very childish and simple
But keep it simple
We can expect 2693 and 2743 coming probably till 13th january.
Our view will be absolutely wrong if gold gives day closing below 2615
Or it goes below 2603 anytime.
For gap down opening more than 12 dollars on monday will also break upmove.
Gold shall open on monday @2632
Then low of 2620~2622
and then back on upmove.
2 red - 1 green
1red - 1 green we can expect.
If gold want to go down then to make M pattern, it will go up
If gold want to go up then also it will go up...
Look very childish and simple
But keep it simple
We can expect 2693 and 2743 coming probably till 13th january.
Our view will be absolutely wrong if gold gives day closing below 2615
Or it goes below 2603 anytime.
For gap down opening more than 12 dollars on monday will also break upmove.
Gold shall open on monday @2632
Then low of 2620~2622
and then back on upmove.
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