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Mr_Berk
Jan 3, 2020 7:16 PM

Bullish signals for gold on weekly chart!!! Long

GOLD / U.S. DOLLARICE

Description

Gold is moving inside of a gann fan and i see bullish flag for gold which has a target of 1650 also there is a hidden divergence at macd histogram on weekly chart for gold.

It can make small corrections at resistances but i expect more bullish move in next weeks for gold. Especially nowadays there is a tension between USA and Iran. This will affect the markets in a fundamental way and more invest can come to gold in future days.

Profit Targets:
1650(Bull Flag Target)
1779(next Gann Fan Resistance)

Stop loss:
1440
Comments
TRaDeTaCuLaR
Yeah I agree
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