From every time we have given my transparent view on global market,commodities,currency.
Many time we have written that comex gold.
3 CONSTITUTIVE + WEEKLY CLOSE BELOW $1040 WILL START WAVE 5
AS PER WAVE COUNT TARGET WILL BE BETWEEN $900 TO $850.
...Just see gold never close 3 consecutive days or weekly below 1040,made low of 1085 and hit last lower top of $1161...
...click on the link what we have written about gold
http://www.meghainvestments.com/2010/02/gold-complete-4-wavebelow-1040-will.html
now open your eyes and read carefully bears only control below $1040 and that never happen.
Now what to expect from this levels?
3 CONSTITUTIVE + WEEKLY CLOSE above 1161 will confirm the inverted head and shoulder pattern and my target will be 1247,
for clear chart click on the image.
Apr 11, 2010
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