NeeteshJain

GOLD GOLD SHINES TO BUY (XAU/INR) - FLAT CORRECTION COMPLETES

Long
FX_IDC:XAUINR   GOLD / INDIAN RUPEE
As per Elliott Wave Theory, the gold charts indicates a completion of a Flat ABC Correction that signals a new wave to upside. This is a good time to invest or take a swing trade position in this before the festive season begins in India where we generally see rise in the Gold market. Take positions with stoploss at 87200 Target 1: 90000 then Target 92400.