I had mentioned in my previous post that the gold price would reach 1142. I expected that the price might retrace from that level to 1117. But looking at the key fibo numbers, ZZ and chart patterns, i believe that the price could reach 1170 by this weekend. Any retracement to 1117 or lower looks possible only next week. Will keep updated with any changes after close of today's D1 candle. As of now relaxing a little after the profitable BUY from a LOW...
