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Emas / Dollar A.S.

Gold pull back

Oleh RealMcafee
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At the 1.618 extension. Potential pullback to 1400.

/* Not trading advice */

Silver-to-gold ratio.
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Let's see what happens in the new week cuplikan
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Maybe we need to wait until next week to see how the gods of gold decide
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Jury is still out on gold.
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Potential head & shoulders on gold cuplikan
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Head & Shoulders target is between 1415 and 1440. Let's see, I'm not buying though.
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Interesting...
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This gold chart working it surprisingly good... so far. The pullback at the golden ratio was, dare I say it, obvious - current trajectory less so. I don't really trust fractals for trading, but I don't trade gold anyway: in the last 4 years it has done just 50%
My guess is that January wick is indicating we have reached the supply zone, but I expect the price can creep up toward 1700 still. Just a guess.
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Trend Analysis
RealMcafee
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