#OPINIONLEADER# #ElliottWaves# #gold# #Commodities#
MARKET COMMENTARY:
1. Once again bounce from the 1680 zone and triple bottom formed here...
2. Now i am expecting whether it will reach 1960 zone for a WXY pattern in wave b) to complete that is one possibility...
3. Another possibility is EITHER bearish triangle in wave b) and it wont break the previous high 1917 will fall for "d" wave and wont break the low 1676 too...
4. OR If wave X) is a triangle then the Y) of b) will reach 1950 and above for a bullish triangle.
5. MIND that my positional target is to reach 1374-1450... and trade according to that.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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