Gold has not pullback yet
Dear friend's
Corrective wave had needed a jump. Wave it was done late on Friday. Now, exactly it is that we want. that is pullback on breaking trend line. indicators are prove that the short term downtrend is over now.
The valid bottom is 1241.
Two point is our target:
1st: 1,295
2nd: 1,320
Long-term trend: SHORT
Midterm trend: SHORT
Short-term Trend: LONG
Good luck,
P. Salehipour.
Corrective wave had needed a jump. Wave it was done late on Friday. Now, exactly it is that we want. that is pullback on breaking trend line. indicators are prove that the short term downtrend is over now.
The valid bottom is 1241.
Two point is our target:
1st: 1,295
2nd: 1,320
Long-term trend: SHORT
Midterm trend: SHORT
Short-term Trend: LONG
Good luck,
P. Salehipour.
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