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sacrelege
Jun 8, 2016 5:48 PM

Gold long Long

Gold/U.S. DollarFXCM

Description

Bottom tested and bounced hard.
Everybody was just waiting to hop on ~ 1200 and they did. A strong support was formed at 1242 as well.
Target 1263 reached.
But !
I don't think it will go down - cause everybody wants in, thats why the price is still up here..so I expect it to just rise more and more and traders gonna freak out, cause they want in and waiting for a good retracement.

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