Respect Nature

Wednesday, May 21, 2014

Gold

Gold is in wave (( e )) of B and can can reach as low as 1278.90 – 1283.95 to complete wave B before it turns higher in wave C. Break of 1276 low will suggest triangle could have been a bearish triangle but only a break of 1268 low will confirm that. We prefer to be on sidelines at this stage.

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