SELL AT 0.8265---0.8260
PROTECTIVE STOPS 60PIPS (0.8325)
TARGET : OPEN or 0.8050
PROPOSED TIME : KL/ SINGAPORE :07:00 WED,, (GMT: 23:00,, US PACIFIC 16:00 Tuesday)
Note: Gold is declining towards the 1220 level !!
You should have an excellent trade !!
The major rise from 0.6007 a wave (B) and the wave C of this 3-legged (B) commenced from 0.6248 which ended at 0.9389 (with a failed wave 5). Therefore, major wave (C) decline has commenced from there and the A leg is unfolding which is sub-divided into an abc-x-abc with first set of abc ended at 0.8711, followed by x wave at 0.9078 and 2nd a leg has ended at 0.8066, followed by 2nd b leg at 0.8552 and 2nd c leg may extend to 0.8000 and 0.7930.
Happy trading
The major rise from 0.6007 a wave (B) and the wave C of this 3-legged (B) commenced from 0.6248 which ended at 0.9389 (with a failed wave 5). Therefore, major wave (C) decline has commenced from there and the A leg is unfolding which is sub-divided into an abc-x-abc with first set of abc ended at 0.8711, followed by x wave at 0.9078 and 2nd a leg has ended at 0.8066, followed by 2nd b leg at 0.8552 and 2nd c leg may extend to 0.8000 and 0.7930.
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