vh6889

Golden is ready to moon

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
MA 200 is flat and breakout point confirmed to exit from downtrend line of correction. Moreover, the bottom was confirmed point 4 of Elliot impulse (12345). So we can hope a crazy up in this final impulse before it goes to Elliot correction cycle.

Pending order should be place at above breakout line: $1375 (Fib retracement level 0.382)
Profit target: $2800, $3300, $4600.

Stoploss: $1200

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