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Mamou-Q

GOLD: Great potential buy opportunity

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Mamou-Q  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Gold XAUUSD
3
0
trendanalysis chartpattern gold xauusd
A nice opportunity to buy GOLD, gold is reaching a critical support area of the long term channel, which is currently being rejected with a long wick on the make.
A good buy around 1735.

ps. this analysis fails if price breaks the channel and closes below its support line.
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