Correction will be continued up

It will be probable on the way to purpose 1890 a stop on 1873 where there passes the average price and the previous local top. Of course, the main movement will begin after news on Friday. Therefore price of gold can continue to bargain in the range up to this point.



Information provided is only educational and should not be used to take action in the market.

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Today purpose 1866.

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To exclude a possibility of accomplishment of a figure a bear flag on a smaller time-frame, temporarily I am going to close all positions at the level of about 1865! Will be later recalling Long.
TP 1865 (today purpose)

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Overcoming the local trend line will be additional confirmation up.

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TP changed on 1873 and 1890

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Tomorrow there has to be a day of growth to finish correction up.

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The idea remains in force.