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jimjames244

Gold on the cusp of breaking the 5 year downtrend.

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
jimjames244  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns
6
0
trendanalysis chartpattern
Last week Gold opened and closed above the 5 year downtrend for the first time. This week we've had a nice bounce off this trend. Once the moving averages close the week above this trend, we should have a clear indication.
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