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Down side of GOLD will be ended somewhere arond 1271.5
CFDs on Gold (US$ / OZ)
Long
Down side of GOLD will be ended somewhere arond 1271.5
By froiddox
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Nov 8, 2016
2
Nov 8, 2016
Since the pattern is FLAT, the third leg has 5 sub divided waves. This normally requires 161.8% of fibs expansion to end. (or 1.681AB=CD)
SO there're some pips to short, then long after in bounce back from 1271.6 (price might be a slighthly difference among different providers)
AB=CD
FLAT
Harmonic Patterns
froiddox
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