grbhavsar

grbhavsar Updated 

Gold have been forming either a Triangle and or IHS pattern on charts. Gold in worse case scenario can make low between 1890-1928 range and this will be great buying opportunity for long term. If Gold manger to form any one of the pattern above the ultimate target will be USD2311.

grbhavsar Updated 

Gold spot formed H&S formation in first half 2015 on daily time frame and already corrected $100 out of possible $174 target of H&S formation. Interest rate hike by fed may weaken the gold further towards the target or even below the target.

grbhavsar Updated 

Sell Gold with stop loss above $1928 (closing basis) with a target of $1840 to $1780 downside. This is fo educational purpose only.