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Monday, February 3, 2014

Gold - Price Action confirming Homing Pigeon - 03 Feb 2014

In January Gold Made a High of 1279.80 while downside made a Low of 1202.80

Gap exists @ 1268 of the fall from 1272.50  & on the other side, we have a Gap to be filled 1232 - 1214 which is a must for Gold to Fill that Mark before breaking out 1272.50 

If the Gap 1268 is filled, then it's an indication - short positions should be closed @ 1214 -- If gold falls from current high 1266 or falls after making a high 1267 but fail to fill 1268 confirms BEARS ARE STILL IN CONTROL Targeting 1172

Now @ 1264.70

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