Gold Online Futures
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Time for Gold to start climb higher again?

117
Tfex GO contract has broken out of the Accumulation phase [one] and waiting for break through of the 1820 resistance and clearly continue in the 'money making' phase. A certain trigger will most definitely be if GOLD Spot price clears Thursday's high wave [indecision] candle, to the north.

So if next week will continue with its sideways movement, I will then be looking for bullish reversal pattern around 1803-04, in a smaller time frame. Otherwise I will look for a continuation pattern above the latest high volume bearish session [with a false breakout of 1820]

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.