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forexfrombed
Jun 4, 2017 6:09 AM

Gold: Trying to Break 5 Years Resistance Long

GOLD (US$/OZ)TVC

Description

Gold has been gaining a lot of strength in May primarily due to the dollar weakening and volatility in the US/UK politics. Look out for a break at 1300$. However, a potential pullback to the support trend line at the 1150-1200$ levels is possibly. If a pullback takes place back to the 1200$ levels, Look out for the 5 years resistance breakout at 1270$.
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