Gold, stay away for 3 months

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.

Kommentar:

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 geschlossen: Ziel wurde erreicht:

as stated above, the correction is finished in a day.