maxto
Long

Gold Bullish Signal

COMEX:GC1!   Gold Futures
356 3 2
After 3,5 months in a sideways movement, Gold             breaks up 1625 resistence. Based on technical chart we can expect a bullish short term uptrend to 1738. We wait for a closing value above 1625 to confirm the signal, with stop loss under 1585. The trend is correlated with EURUSD             , that's in uptrend at the moment, above 1.2450.
Bullseye!
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Gold seems to tgt 1690-1720 as it has got the break out. even its visible in RSI 64 show strength ...
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Agreed.
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