Gold ABC Bear Update…

January 20, 2010 · Posted in ABC Bearish, SuperBars · Comments Off on Gold ABC Bear Update… 

Jan. 20, 2010

After a series of Up/Down swing days, Gold is finally confirming its ABC Bear Entry Setup as it trades below (EL) 1128 level. I also would like to see a Strong Bearish (RED) SuperBar for further confirmation. The potential targets for the ABC Bear are 62% (1067), 100% (1009).

Gold_ABCBear_Jan2010

ABC Bearish