Gold: A Move Into 1320-1350 Region Before Turning Bearish

On {{8830|Gold}} we are tracking a big triangle placed in wave 4) for a while now which is still incomplete. Recently we have seen a completed wave D at 1240 so now we will focus on another three wave move, this time up in wave E that can retrace even more up to 1320/1350 zone where we will be looking for a bearish reversal signs.

Gold: A Move Into 1320-1350 Region Before Turning Bearish

Forex Analysis by Gregor Horvat at ForexPros. com




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