Mentorship

Mentorship

Gold MCX Daily

4 Feb 2014 ‚óŹ 05:26 AM

 

  GOLD MCX            
 TIME TARGET  TREND   REVERSAL TIME 
 Short term trend 30323-30800 Up 29300 1-5 Days

 

*changes are marked highlighted in brown

Price extentions are starting, with the 20dma holding as support at 29300 and last weeks high surpassed, 30800 appears as an achievable target.

gd040214

Gold $, also held on to its 20dma, and am considering marking the recent a-b-c decline in a flag as wave ii itself so wave iii up would have a target of 1335 from 1240.

 gd040214a

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