GOLD – bullish watch 1075-1076

OK, don’t shoot me … but I’m going to continue w/ the 3 waves down into a new low is in face a “B” wave and therefore the current move is wave 2 of C.  AS LONG AS THE LOW of 1073 holds then this scenario is in play …

also note, in an expanded flat, 1.618*a = c is right on the 1.27 extension and ABOVE 1073.

So, 1075-1076 is the KEY level.

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART