Thursday, May 22, 2014

Gold Elliot Wave Analysis : Target done of 27300 !!!!!!!!! Now Buy for 30000+++ Target ???

Dear All,
                            On 15 April given down side target of 27300 .........we given this sell update at 28980 levels   kindly read http://abhaymehrotra.blogspot.in/2014/04/gold-elliot-wave-irregular-wave-4-done.html  ...........fall of almost 1700 points  in  gold happened ......


below is the chart we posted on that day .........




What Happened after it

Target done at 27300



Now What Next ???


                         

                    We might have completed  1-5 wae impulse down expect now abc up


Kindly chk chart

                                               Wave 5 Min target on down side done !!!!




                                                                  Target on upside



                      Imp : If Gold Hold 27000 on closing basis we expect complete reversal on upside

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                                                           Thanks & Regards
                                                              Abhay Mehrotra

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