GOLD 06-01-2017

GOLD IS MOVING UPWARD DIRECTION AFTER DECEMBER 2016 CLOSING SO FIRST UPWARD RELLY ENDED AT 1184. AND THIS TIME PRECIOUS METAL IS IN CORRECTION PHASE.
MOST LIKELY TRADING SCENARIOS ARE,

BUY AT 1178
SL 1172  TARGET 1184 AND 1190
&
SELL BELOW 1177
SL 1184  TARGET 1171 AND 1167