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AlexHorn
Jul 14, 2019 5:38 PM

Gold Week #29 Outlook Long

GOLD / U.S. DOLLARICE

Description

Let's see..

...Gold consolidating within a well defined ascending triangle - CHECK!
...above 100MA (4H) with a bullish upward trajectory - CHECK!
...RSI (4H) above "50" with a bullish upward trajectory - CHECK!
...DXY having a hard time probably enduring a rather prolonged/deeper/correction - 2 b confirmed!
...general bullish fundamental background ("geo- & monetary politics"/uncertainties) - DOUBLE-CHECK!!

We may be in for another GOLDEN RALLYE WEEK - so let's hop on it!

:D
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