Gold was down on Friday after NFP report, but weakness did not last long
as pull-back from 1267 was only wave (b), still only second leg of
incomplete three wave rally from 1180. As you know we are tracking wave 4
that may reach 1280-1300 area before downtrend is back. So for now,
lets focus for higher prices within wave (c).
On the intra-day chart GOLD is forming an intra-day pull-back from
latest swing high which we think its correction within uptrend from
1207. Support for current three waves down comes in at 1240.
JUST FEW HOURS REMAINING FOR 2 FOR 1 OFFER
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