Gold

$GOLD has most likely completed (a) at 1.285, we are doing recovery now which can reach 1300-1304 area, and after that more downside is expected towards 1259.2-1242.2 – first target area and 1214.7-1187.2 – main target area.Alt view still is possible ,it suggests that corrective B might be completed at 1267.8 in that case we should be in C higher abv 1315/1331, which still is not preferred view. Main view is still bearish…