Gold likely to crack till 58500-56000

May 17, 2023

Gold seems to have completed wave 3.5.5 and is getting ready for wave 4 crack.
Possible targets 58500-56000 , post that it can move to 66666 target
Rsi tripple negative divergence.
Ending digonal breakdown seen in wave 3.5.5
Pullbacks in gold should be used to sell

May 17, 2023

Note

gold has reached to important 100%% extension tar placed at 59960 in rupee terms and 1965$ in comex
any breakdown below abv levels will open quick fall till 1918$ in comex and arounf 59600-58500 in rupee terms

Sep 21, 2023

Trade active

new tsl 59850
after first tar completion till 58500
and low 57375

Oct 5, 2023

Trade closed: target reached

56450 done
not interested in last 500 points
good ride seen from 61000 to 56450
near 55300 will look for investment longs