NEW LONG TERM GOLD ANALYSIS

22 Mar 2016

$1295 base on trend channel top then 61% retracement ($1260 estimate) then 1.618% extension to $1335 Area (not exact)

22 Mar 2016

Not

$1350 is 1.618% extension if we get a 61% retracement from 1295

23 Mar 2016

Not

Small possibility we might retest $1226 region! so becareful

23 Mar 2016

Not

overall I gain $10 from $1245 to 1255. and loss $2 from $1242 to $1240. total net gain is $8 gold movement, I will be looking at buying again.