Fxprotrader
Long

Gold: Two Potential Scenarios on Going Long

TVC:GOLD   CFDs on Gold (US$ / OZ)
In this video, we may see two way we may trade gold in the upcoming week. Price is being moving into a rising channel , strengthing into the overall trend, and after an impulse to the upside it is now developing a correction moving to the down. In the hourly chart we identified a key support level where we may watch for a buy setup completion. Otherwise we may just wait for price to break above the rising channel and see if we can get a pullback to the upper parallel where, once again we should start looking for longs.

Feel free like, comment and share your thoughts.

Trade with care,
John
Hey there nice video, I like to compare my analysis to yours, there is quite a lot of forks applicable on gold ! Keep up the good work. :)

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Thanks
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Fxprotrader nsumpana
@nsumpana, You are welcome :)
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first time i see someone making a video, very intersting, now waiting for the outcome.
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@pst6000, Thank you :)
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Very technical n informative analysis;)
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Fxprotrader zulkifliahd
@zulkifliahd, Thank you mate.. With video analysis now we will deliver a ton a value posts.. :)
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good video!
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@pmcllc, Thank you!
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@pmcllc, Thank you :)
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