Gold long

Gold has reached very strong support, the stocastich has touched zone 0, all the times that the price bounces until reaching zone of 100, the price has plummeted without correction in weekly chart, the price always moves in zigzag always, from this area gold has a good prospect of purchase, a fib retracement of 50 cohicide with daily resistance, which reinforces that from here the gold will bounce, has 3 monthly pivot lost, all the times this situation occurs price corrects, net short positions are high which also indicates upward turn.