forexiv's Blog
Gold is set to gain 40 - 50 dollars dollars.
Looks like gold is set to gain 40 dollars in 57 hours (target 1246.82) or 47 dollars in 68 hours (target 1253.83) if extended 1265.9..
Eather gold goes to 1151.78 in 4 hours
OR there is something wrong with my calculation.
Gold sell stop 1196 , 1202
first target 1166.16 by 3am est
Gold Target 1148.88-1145.82
Time 14-17 hours.
If this is a top
If this is a top gold is going to 1158.31-1154.91 in 14 hours. Even if it makes nother top overnight.
Time to sell gold
We need next 2 hour candles down to hit first target 1176. If the day ends up negative gold goes to 1142.42.
What may bring next 29 trading days for gold.
Looks like1185 then 1135 and final top 1199.54 or 2017 on March 11 or 13.