Re: Gold *Rolly

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Re: Gold *Rolly

In Response To: Re: Gold ()

Hi Rolly. There's a chance for it to hit the objective the 13 but from the lattes price movement it could extend to the 15. the S/Rs for taking partials are $1486/7 cluster. it may buckle there a bit as it test as resistance. Overcoming that, $1524 is next, same action there as $1486. Next is $1558 and finally $1584/90. $1584 is strong S/R cluster.

Right now GCM3 is trading at $1472. some sideways movement in the next few hours but in my opinion it could be testing $1486 within the next 12hrs. Will see.

Just an opinion here, the market has the last word and in due time will show me the way.