Thursday, November 29, 2012

Trading Idea : Gold

Dear All,
                  Short to very Short term Bullish: Target --- 31900---32090
                  Medium term Bearish :  Target 30740----30300

Let chk some of the charts ..

It is quite clear in hourly charts that we have come down in 1-5 wave down ........now expect abc up .in short term followed by 1-5 C wave down ....let chk some of charts .



Wave 3 was 261.8 of wave 1-2 .

Wave 4 was 23.6% of 1-3 .




Wave 5 was 61.8% of entire 1-3 .


Targets for this upmove  are 31900----32090 .


Thanks & Regards
Abhay Mehrotra








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