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eskgroup
Mar 20, 2016 7:56 PM

Gold Weekly Perspective - Buy Lower! Long

Gold/U.S. DollarFXCM

Description

Potential AB-CD pattern in play along with Inverse Head & Shoulders with an ascending neckline forming. We were expecting weekly to close above 1270s since Yellen's dovish tone, however the bulls couldn't pass resistance levels and yet rejected 1270s/75s. Details on chart - We remain bullish and buying at major support levels, subject to PA on shorter TFs.

GL.

Comment

Invalid...time to remap based on HHs...
Comments
trendlegends
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batman_GCity
good idea .....
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