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John_Florence

GOLD - Possible double-bottom, hence long buy opp

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
John_Florence Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Gold GC1! (Gold Futures) gc_f
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trendanalysis gold gc1! gc_f
After yesterdays FOMC, we have seen a flush in GOLD. However, from broader perspective GOLD is still flagging - if that scenario is confirmed target of 1300 very much possible, with a prospective follow through to 1300+.
Comment:
If pre-market high is recovered, bullish scenario is still alive.
Comment:
If we see a follow through today,we will have rsi divergence on daily = strong buy signal
Trade closed: target reached
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