majexx

Gold do it fast today, what is next?

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
As i expect in my first idea yesterday, XAUUSD did the fall faster than it moves in Mondays regularly.
Now it passed the 1828 weekly last high, and rested around the daily last high around 1807-1815.
In my opinion i see gold is going to touch the buttom of the daily trendline around 17995-1800 (the Psychological support and the 3d weekly pivot support)
before rising again to 1860 (the top side of the weekly trendline again and maybe breaking out.
But please wait for a confirmation of the rise in smaller time frames (4H)
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