2019-08-07

GOLD

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
GOLD FORMED THIS DISTINCT DEEP BEARISH CRAB THAT POSSESSED THREE NUMBERS, DEFINING A PRZ, THE 1.618XA PROJECTION, THE ALTERNATE 1.27 AB=CD PATTERNAND THE 2.24BC PROJECTION CONVERGED IN 1474-1500 AREA
HOWEVER,PRICE ACTION SLIGHTLY EXCEEDING THE TOP RANGE OF THE PRZ, BUT THE STRUCTURE STILL VALID
THE INITIAL DOWNSIDE TARGET IS $1380, THEN $1300
BUT REMMEBER IF PRICE ACTION EXTENDED ABOVE $ 1510 THE PATTERN IS NEGATED