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moonwealthcapital

BULLISH GOLD FOR END OF YEAR?

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
moonwealthcapital Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Chart Patterns Technical Indicators Trend Analysis
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chartpattern indicator trendanalysis
trying to reclaim 200 day MA along with $1941 key area of previous support and more recently, resistance on the daily chart. Geopolitical uncertainty and conflict making investors seek safer assets. I can see a retest of 2000 level before end of year.
Comment:
Gold broke above that previous resistance of $1941 this morning. Trade idea: Long entry here, stop loss right below 200 DAY MA (low $1930's)
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