GOLD -> AB=CD measured move completed

٧ يناير ٢٠١٤

Gold has completed an AB=CD pattern with an exact 1:1 measured move to test the 1180.00 major low. Above 1260.00 there is scope for an attempt for a higher high above 1360.00 with an interim resistance near 1335.00.
A failure to break above 1260.00 should bring another test of the 1180.00 lows.