Gold Report: Make or Break *LINK*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Gold is on a Make or Break Point. It has a pending level of $1062 (Rs.24290) to be hit to end its Fifth Elliott Wave. And also on a different time note, it may start a fourth wave upto $1120-$1160 level and then a quick hit to $1062 to end its Fifth Wave thereafter.
Gold to enter Wave fourth for $1120-1160 , must cut the last day high of $1091.7. Till then, No Buy is safe for now.
In MCX, if crosses 24600, we can see Rs.24200- Rs.24300 mark. Else, we can see some uptrend for now.

-The Financial Doctors (www.facebook.com/financial.doctors)

http://www.facebook.com/financial.doctors

Forum Policy

Return to Index