Possible Major breakout or another correction,
Gold is in bull channel, however it has reached 50% of channel where you can find resistance and support, if breakout + and full gold power, we are looking for TG 1380 to 1450 by the the first week of May,
However a last rejection may occur getting bear targets 1210 -1205, then we can go full bull !
You be your own judge !
Gold is in bull channel, however it has reached 50% of channel where you can find resistance and support, if breakout + and full gold power, we are looking for TG 1380 to 1450 by the the first week of May,
However a last rejection may occur getting bear targets 1210 -1205, then we can go full bull !
You be your own judge !
註釋
For your consideration keep an eye on EMA 200 and EMA 400註釋
I believe major down trend will once again work as resistance, keep an eye s3.amazonaws.com/tradingview/snapshots/r/rjkj65Ic.png
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