TVC:GOLD   CFDs on Gold (US$ / OZ)
W1 - Price reached the uptrend line. If we didn’t get a valid breakout here we may then expect the price to respect this trend line again and move higher.

D1 -Wait for the price to break below the low at 1237.15 and also the 100% fibo expansion level with potential bullish divergence to form.

We may then look for more bullish evidences and start looking for buys.

Comments

out of interest where does your trend-line start? i cannot seem to match yours on my charts, is it just drawn from that first point?
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