JBPip

GOLD | JBWeeklyPrediction

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Based on market-geometry and ring-pattern, Gold wants to go to 1500 zone (as support for reaching 3000), for reaching, needs at least reach 1995-zone, and then water-fall. Knowing gold's behavior is very likely a false big break to 2050-2150-zone, before the great fall as stop hunt. Don't be surprised if you see 2k levels in a few days.

Confirmations:
1830-breakout.
Oversold in M30, H1, H4, D1, W. (RSI and BB%)

SL: 1750
TPS: 1850, 1900, 1950, 1995
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