Gold - Trend || Bears still alive
Gold down from 1360 to 1160 which is 200$ impressive move.
According to wave analysis the bear move not completed yet. The current level 1208 offers reversal point. The volatile gold is coming. A dollar below 1123 consider as structural competition of gold. 1176 is the level we have to watch this week when monthly closing approaching. From here the Bear move will be very slow until we break below 1180. The approximate time for 1120 is by early week of October
According to wave analysis the bear move not completed yet. The current level 1208 offers reversal point. The volatile gold is coming. A dollar below 1123 consider as structural competition of gold. 1176 is the level we have to watch this week when monthly closing approaching. From here the Bear move will be very slow until we break below 1180. The approximate time for 1120 is by early week of October
