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AlmightyAl
May 15, 2018 2:02 PM

Buy Opportunity Gold? 

GOLD (US$/OZ)TVC

Description

Complete novice - so don't rely on this information!

Looking at the continual trend upwards here. Likely top reach a 1288 low before climbing back up to to 1400s. AUX
Comments
Divit_R
Not enough time has passed to call 1288/1294 the bottom. Yes I agree 1293/1294 is a very strong support line, however, I believe gold has the potential to slide to 1270.
Yes 1270 is low and unlikely, but be slightly more patient.
Yes, I know North Korea are not ready to denuclearise, just don't get bull-trapped my novice friend! 👍🏼

-Divit-
Divit_R
@Divit_R, P.S: Draw an extended trendline going from Point B to Point D on your chart, and let it continue. You're welcome.
AlmightyAl
@Divit_R, thank you! I appreciate the guidance!

Nothing easy about making money from stocks when a Novice!
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