The worst is almost over. Break 1,169 and Let the magic begins.
Though might contradict with the rate hike and soaring oil prices, however, let the graph and the math, together with some surprises of the market, show its feelings.
If Gold breaks down the support at 1165/1150 then prepare for Wave C rebound profiting LONG before opening SHORT aging when she stars to tumble again down toward 1,140 and below.
We should together see she hit 1,150 one-three trading days from now (by next Thursday 8th Dec) then LONG for a rally uptrend which would last around 15-21days (Early December thru to Early January)
If Gold breaks down the support at 1165/1150 then prepare for Wave C rebound profiting LONG before opening SHORT aging when she stars to tumble again down toward 1,140 and below.
We should together see she hit 1,150 one-three trading days from now (by next Thursday 8th Dec) then LONG for a rally uptrend which would last around 15-21days (Early December thru to Early January)