Loii

NEW LONG TERM GOLD ANALYSIS

Long
Loii Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
$1295 base on trend channel top then 61% retracement ($1260 estimate) then 1.618% extension to $1335 Area (not exact)
Comment:
$1350 is 1.618% extension if we get a 61% retracement from 1295
Comment:
Small possibility we might retest $1226 region! so becareful
Comment:
overall I gain $10 from $1245 to 1255. and loss $2 from $1242 to $1240. total net gain is $8 gold movement, I will be looking at buying again.

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