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KazBillionaireGroup
Jun 5, 2017 9:42 AM

Gold Long Long

GOLD (US$/OZ)TVC

Description

Gold broke resistance during NFP results and aims for 1350
Comments
Golden_moments
Bro you made long chart, but do you see what your Stoch is saying?
KazBillionaireGroup
@smartfonetrading, Yes i do see the Stoch, but the Stoch will stay overbought for a while, by the time it starts to drop that will be the first drop (first downwards arrow) so you would be in a safe zone.
Golden_moments
OK lets see and hope for the best.
I hope till Stoch get in balance, it wont end 1241, as I can see room sentiment is full of bulls, and when many bulls around game takes it opposite turn.
Golden_moments
One last thing I add, H&S on this chart. if patron is H&S then 1285-1295 would be max it can go in month of Jun, But I could be wrong as this month is heavy on the gold shorts ATM.
KazBillionaireGroup
@smartfonetrading we'll just have to see how it goes.
Golden_moments
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