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Gold, stay away for 3 months

Short
Futures Oro (COMEX:GC1!)  
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COMEX:GC1!   Futures Oro
Trend Analysis Chart Patterns Gold GC goldshort GLD GDX
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trendanalysis chartpattern gold gc goldshort gld gdx
snapshot

No mater how bad the news around you, look at the gold, it's NOT going for new high!

stay away from it until it reach a 0.618 retracement area, about 1510

however, I expect it runs 3 months and end during Apr 2020. price level will be adjusted with the time frame.
Commento:
I was expect an correction of multi-month length of time, but the virus just make it happened in one single day!

so, I'll close this idea now. the CORRECTION IS DONE!

I'll post a new idea of up trend with target this weekend(hopefully)

:)
Trade chiuso: obiettivo raggiunto:
as stated above, the correction is finished in a day.
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