Gold Long

Gold FuturesCOMEX

Description

⋅ May 1, 2014 10:38 PM

Gold still in bearish area awaiting conformation of inverse H & S break. I see the red area as long term support if h & s fails.

Comments

Iskandarglenn

⋅ May 2, 2014 7:34 AM

Yes that would be good confirmation . But I dont want to wait that long! Trading!, so i'll add, if we have put a recent bottom in at 1273, the our next target is 78.6% of last move down. 1318. A bearish Gartley Pattern!