Time for Gold to start climb higher again?
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]
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]
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。