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Gold Is Expected To Continue Higher After Temporary Pullback

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 16, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Gold found a support at the end of last week, at 1136 from where price moved above wave B swing high. This is indication of a continuation higher so ideally price is making a new impulse that will extend even to 1200 or higher as we see current leg p from 1151 as wave three of three. That said, we will be looking for more upside after a pullback into wave four that can be interesting for those who want to join the trend. Gold, 4h

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