eu.l.seng

GOLD - A DECISIVE BOUNCE

FX:XAUUSD   Gold / U.S. Dollar
54 1 2
GOLD             - A DECISIVE BOUNCE AT BOTTOM OF DOWN CHANNEL , NEED CONFIRMATION AT 1160
Comment: After confirmation at 1160, and now we again cleared the main resistant at 1217., we are sure on the way to a big rally to 1300
Comment: one month ago, this bounce is now approaching the major resistant area at 1295 amd 1320 zone, Expecting a pull-back and then taking it from there.
A very strong leg Up from June and now we are approaching the top of PF ML. Expecting a pull back despite strong demand. Or a decisive up trust northward through the 1366 area.
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