joshuaburtonza

Gold Chart: potential continuation to 1924.00

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold made a serious bull break out. the chart is entering a resting (consolidation) Zone. price didn't break through trend line though, that means that price could either continue to rise until M movement has been Completed, or we will see a fake out, maybe a potential Break out in a bearish way. the price hasn't been this high since 2011, that means we are on our way to the highest high of 2011, at 1928.00. the chart is entering a 9 year M movement. (M = continuation).
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