Monday 12 January 2015

GOLD - Reversal Imminent ??

Inverted Head and Shoulder pattern in the Gold Daily chart after completing 5 waves down to our 1135 target from the Weekly symmetrical triangle breakdown.  We are currently testing the neckline at 1227.15 ish,  so today's close will be watched closely. Targets for the pattern sit at 1291 minimum with 1347 the final target of the pattern.




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