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GOLD Could Look For Some Support Around 1100

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    GOLD is slow within downtrend so we see current move around 1110 as just another correction within bearish impulse. We see wave v) coming to complete extended blue wave (iii) near 1100 psychological level. After that we expect a corrective bounce up in wave (iv) to 1114 resistance minimum. This upcoming blue wave (iv) could be nice for shorts. GOLD, 1H

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