TradingView
Daronn
Jul 22, 2019 8:57 PM

GOLD WEEKLY CHART DIP PREPARATION 

GOLD (US$/OZ)TVC

Description

The 1330.00 region is very interesting, there is quite a lot of BUY confirmation on this level.

1. Dynamic Support (Bullish Trendline Test)
2. Dynamic Resistance > Support Retest (THIS IS ALSO THE NECKLINE FIR THE SEEN INVERSE HEAD & SHOULDER PATTERN)
3. 1330.00 Retest, Ever since the recent break there has not been any type of retest.

When GOLD finally gets to the 1330.00 are, I WILL BE BUYING THE DIP!
(However though, I will not be selling Gold all the way down to 1330.00 the only time I will be opening a position on Gold will be when I will be BUYING THE F'IN DIP)
More