Elliot suggesting gold is still Long for Immediate Target 1362

Yeah First have looked the story of gold here how Elliot consistently gave 6000 ticks i.e 600 pips in gold short from 1262 up to 1204 at the time of writing this blog though my Avg sell was 1255 but As I was sure for correction from Economic sentiments so I kept my short with proper risk .

Now the most awaiting gold why gold going to 1324

So the story is in short for learners

• Still In the channel
  
  
• Movine and correcting in discipline
  
  
• corrected in the worst environment up to golden fibbo at 61.8% level i.e 1206.673
  
  
• So by having this little analytics we are still in longer perspective for target of 1362
  
  
• Wave target is there supply is there where we could see longer correction again
  

You are free to ask or comments
Trade safe and have nice profit .


Thanks and regards

Dipak Z.

Comment:

Gold added in long environment Aussie may follow this move and heads for next 100 pips in both gold and Aussie

Comment:

Dollar Index Killers will support GOLD see how

Trade active:

watch out levels guys 1258 looks next

Trade closed: target reached:

achieved 1278 and closed