Happy Vishu for everyone.
I am traveling to enjoy this unique festival with my family. Happiness everywhere...! I should join here Monday night again.
Advanced Happy ester to the world
This update is based on what was happen yesterday off market. I see Gold hovering above the expected 1282.45. The Comex close was 1275. It’s way below the resistance. I did not take additional positions in this market which is looks like very volatile. But I should take a Those who are holding longs from 1198 for C wave target can be exited or Lock the profit now. Here is my position update The 2 floating positions from 1198 are covered @1273.
Two reversal levels can be found according to Elliot wave are 1282.43 and 1306.2 I guess we might see 1306 like the wave we found 1262 after breaking 1243. We are in Same structure and same pattern. Let this dust settle.
We decided to sell half of our gold physical bullion stock by end of this week.
I found a Cypher emerging up in the daily Gold chart.
After my vacation, there will be little surprise for you…. Hold on