TradingView
JabezZinabu
May 10, 2017 2:35 AM

Gold Daily Analysis - Long Long

GOLD (US$/OZ)TVC

Description

Here we see at least 3 factors pointing to a potential reversal:
- Fibonacci cluster zone
- Trend line Support zone
- Short term Demand zone

Further, we see that the 2017 uptrend is still intact with consistent higher high's and higher lows, and a potential AB = CD pattern forming if price proves to reverse to the upside, with a projected take profit at the 100% fib projection/AB=CD completion zone.


Comments
pmcllc
yup that's what I see too...
More