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FXHighway
Mar 17, 2014 11:39 AM

Update: Gold gathers some momentum Long

Gold/U.S. DollarFXCM

Description

Gold price shows some slight bearish bias trying to get some bullish momentum to support the overall bullish overview.

Still waiting 1400.00 followed by 1450.00 targets.
Comments
chrisrex
Thanks for good analysis!
FXHighway
No worries my friend ..
chrisrex
Hi, why do you think it is bullish?
FXHighway
On a longer term outlook, the price bounced positively after placing new bottom, which indicates a double bottom formation from my point of view.. I posted this overview through this link

FXHighway
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