Gold rally?

28 Kas 2017

Support around $1260 in Gold did hold. But the rally to nearly $1300 seems a bit odd. I labeled it a ending diagonal within wave C of B. Watch closely the $1300 level for potential reversals.

6 Ara 2017

Not

Gold reached the $1260 level again yesterday. Watch out if the support holds or if it breaks. I expect Gold to further decline to about $1200 until January 2018