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Spot gold may fall to $4,084

Spot gold may fall to $4,084 per ounce, as it has briefly pierced below the support at $4,110. A projection analysis on the downtrend from $4,370 reveals a target of $4,084, the 261.8% level. The wave pattern suggests the development of a small wave c.

GOLD

Spot gold TVC:GOLD may fall to $4,084 per ounce after briefly moving below support at $4,110. 8% level. The wave pattern suggests a small wave c may be developing, and it is expected to be as long as the…