Friday, 11 July 2014

COMEX GOLD view 11-July-2014

Based on 1H Chart, Swing Low 1240.22 and Swing High 1345.1
If Gold restricted by 1345.1, I expect Gold to make a ABC correction.
Retracement Levels: 1320.48, 1305.11, 1292.74, 1280.36, 1270.98, 1240.22(100%).

Based on my wave calculations, I expect to see minimum targets of 1327.60, 1316.78. Immediate target: 1334.27



Sell with SL 1346. for the above targets.