John9FX

Bullish Pennat spotted! All sail ahead!

Long
John9FX Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold had make a strong upward movement last 2 weeks, giving us the flag pole. however, the pattern is not a flag pattern but a bullish pennant! It is currently testing the new support line (previous resistance line). If the support holds, going LONG is a good idea.


This Idea is solely my personal opinion and it is not a entry signal. Trading leveraged assets also are very risky!
Order cancelled:
new support line violated.
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