PrinceSaeed

GOLD ANALYSIS: Potential Drawback then an overall up-trend

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold has breached the support line and dipped down for a short while (Yellow lines) and then came back and now gradually rising in an uptrend. It will probably rise by 1-2% on Monday & Tuesday but then might go through a short drawback to then continue its journey to 1800 reaching its new resistance line.

What do you guys think?
Im new, I like going simple. Would appreciate some likes for reputation points :)
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