Gold could retest $1237

Sep 30, 2018

Gold was falling for a long time without a good pullback.
Now we are in that very corrective move as metal rebounded strongly from the 1180 area.
C=A around the area of the earlier low (1237), this is how amazingly the simple geometry works.

Oct 2, 2018

Note

Oct 2, 2018

Note

Think of moving stop to breakeven

Oct 3, 2018

Note

Oct 3, 2018

Note

zoomed

Oct 4, 2018

Note

correction deepened and became more complex

Oct 5, 2018

Note

gold failed to break the earlier top of wave A
so we got another leg of correction to the downside

Oct 7, 2018

Note

Oct 8, 2018

Note

Triangle was broken down - return to classic flat

Oct 12, 2018

Note

the last wave unfolds and the target area is shown in the chart between 1235 and 1250

Oct 15, 2018

Trade closed: target reached