DaftDelta

GOLD LONG BIAS

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
I SEE MYSELF TRAP IN THE DIRECTION OF THOSE LAST GOLD WICKS. IT´S VERY IMPORTANT TO KNOW WHAT THEY´RE DOING. IN THIS CASE WE HAD 4 REJECTIONS INTO THAT MAJOR 12.75$ WEEKLY SUPPORT LEVEL. GRABBING AND TRAPPING LIQUIDITY. ALSO IT WAS THE LAST WEEK CANDLESTICK CLOSURE SO WE WE´RE EXPECTING A MAJOR MOVE TO CLOSE THAT MONTHLY CANDLESTICK. AND WHICH CONFIRM US THE LONG BIAS TO THAT 12.50$ MONTHLY RESISTANCE LEVEL!
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