Gold Possible Upside Long

Gold/U.S. DollarFXCM

Description

⋅ Oct 17, 2016 1:42 AM

Gold has been hovering between 1248 and 1258 range for the past week.

The downward momentum seemed to have been halted for the timebeing.

If the 1245 level holds, it may signal the start of a bull.

Comment

⋅ Oct 18, 2016 11:52 AM

Bullish movement. Look for buy opportunity.