XJO
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0.74% 8,285.2 s&p/asx 200

GoldI am still targeting lower, an alt idea is a possible...

  1. Nouf
    178 Posts.
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    04/12/13
    15:26
    Post #: 12657412
    Gold

    I am still targeting lower, an alt idea is a possible wedge/ED, if the selling starts to slow up then it could be inside an ending diagonal (wedge).

    The volume is declining which is a good sign of a 5th wave.

    I would expect the RSI to diverge as well.

    XJO Value at posting: 5,274.0
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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