cjwaves

Bias still on the bull side for gold

Long
cjwaves Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
1
this triangle pattern is a normal wave 4 formation in a 5 wave impulse, there is no reason yet to doubt that we are going higher
Comment:
above 1284 this idea is still valid for today 11/7/16
Comment:
no triangle, but bull case still intact above 1274
Comment:
looking better for bulls today, idea intact
Comment:
testing bull patience right at support now, election volatility
Comment:
holding long unless there's a strong move below 1270...best to wait and see on this until the dust settles and a clear pattern re-emerges
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