srinivasgb66

XAUUSD - GOLD - elliott wave

Long
srinivasgb66 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good time for a LONG on Gold. Accumulate, gold should fall to 1700, 1640 levels before it shoots up for a new high
Comment:
Next gold will test 1700 on midline of bullish trend. If it breaks it would reach 1640..
Comment:
Aa gold is touching 1700, it should bounce back to 1720 to test the trend line.
Comment:
Now, gold will stay around 1720 for some days, before moving towards 1640.
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