jameswongg

Gold maintaining its uptrend?

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
LT
HHHL + Y1<Y2
got power up if X2 retrace to zone 2
wait for reversal signal
if there is one, then TP @ 2216

ST
HHHL+ Y1<Y2 + no power up
BHOG @ 2 spotted
fake strong trend?
might reverse down
no direction yet. wait for W&R

In my opinion, Gold may keep going up if retrace don't break previous support. With that being said, need further monitoring before deciding its direction.
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