My long term view on gold is bullish, check ou the chart at the linked ideas.
Finding a good place to go long is key, and I believe today it is a very good spot to do just that. Corrective double bottom with bullish divergences on all three oscillators, and a false breakout below the local support.
I allready made a partial entry last night, but I want to see some momentum to enter with a full position.
Stop under yesterday's candle. First resistance at 1330$, and then at 1400$.
Good luck!
Finding a good place to go long is key, and I believe today it is a very good spot to do just that. Corrective double bottom with bullish divergences on all three oscillators, and a false breakout below the local support.
I allready made a partial entry last night, but I want to see some momentum to enter with a full position.
Stop under yesterday's candle. First resistance at 1330$, and then at 1400$.
Good luck!
