PiPumer

GOLD Resistance Breakout or Triple-Bot formation

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Here in GOLD we are seeing the Upcoming start of Week with positive Moves in the GOLD . Its the support for current trend so that we are believing one again hit to resistance whereas considering the better entry for bulls from 1635-1643, our targets are 1658 & 1670.
Also we can see there is a possibility of a triple bot too so we are considering the breakout of area 1635 & it will be going to 1620s as a triple bot on which we can trade profitably & safer. This is all technically based & other fundamental, sentimental analysis will depends according to situation & events.
Wish you all the best!!
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