Gold shape like exactly as per our plans but unexpected thing is that it cross 1060 which was our point to think opposite but we feel we have to allow more margin to gold till 1058 and be bullish.
For now we are totally bullish on gold as far 1058 level support is safe.
We are continously looking for our upside targets which lies at 1100 in the shape of wave (c) as corrective leg completions.
At this time , I think gold printed wave (e) and wave (b) so we should see upside moves today.
If unexpected if 1058 crossed or break clearly then we should shift our mind from Bullish towards neutral.
Trading recommendations :
Buy now 1063 or from dip stop 1057 target 1100 Psychological number
For now we are totally bullish on gold as far 1058 level support is safe.
We are continously looking for our upside targets which lies at 1100 in the shape of wave (c) as corrective leg completions.
At this time , I think gold printed wave (e) and wave (b) so we should see upside moves today.
If unexpected if 1058 crossed or break clearly then we should shift our mind from Bullish towards neutral.
Trading recommendations :
Buy now 1063 or from dip stop 1057 target 1100 Psychological number
