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VladimirRibakov
Aug 17, 2017 11:36 AM

Gold Buy Idea Updates and Follow Up  Short

GOLD (US$/OZ)TVC

Description

We got correction and buy opportunity towards the top, that is exactly what we were looking for.

Divergence on H4 and H1 chart.

I expect to see a potential divergence that we have at the moment, with another push up reaching the top.We may also see a false break and then a move down.

Its time to get ready for sells. If you didn't already collected your profits, prepare to cash out now.

Invalidation - if we get a break above (confirmed breakout, not a false break) the top we are following around 1295.40 the sell idea will be invalidated.
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