GOLD Market Forecast Follow Up

I commence with my humblest gratitude to The Most Benevolent, The Ultimate All-Knowing

In my previous analysis of the Gold Commodity Market, I have pointed out that $1,237 (+/-$8) was an important NHN (Natural Harmonic Number). A break with strength to break out and above this level, is required for Gold to continue its high fly-ride to new higher prices. Failure to do so, shall bring in very sizable decline of at least 10-20%.  I shall post the price target later.

Please see the Gold update. I have enclosed weekly chart, to reduce the noise of the market gyration and to give up better perspective.

THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS

http://trade-in-harmony.blogspot.com/

2 thoughts on “GOLD Market Forecast Follow Up”

  1. its important notice. It makes me remember that I must review the weekly bar in critical moment in order to reduce the noise,especially in this complicated sircumance . Thanks !

    Marco

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