last week gold corected..much more below expectation..this tells story about this week..gold session will volatile..since one eod basis upper end of chaneel has not completely formed..so upside is on card..crossing above weekly bullish level but it will be on trading range
PIVOT , LOWER TARGET AND UPER TARGET VALID ONLY FOR CURRENT WEEK ONLY ---------------------
UPWAVE(4-5) WUT3 : --943
UPWAVE(2-3) WUT2 : --928
UPWAVE(0-1) WUT1: --905
WUT= WEEKLY UPER TARGET
++++(891.10) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT--------
----(882.30) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT--------
WLT= WEEKLY LOWER TARGET
DOWN WAVE(0-1) WLT1 : ---868
DOWN WAVE(2-3) WLT2 : : ---845
DOWN WAVE(4-5) WLT3 : ---831