FUNTRADER-Vera

2804 P3/8 Gold will test 1300 again next week?

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is making a end of the first corrective wave on weekly chart. This end on weekly chart now provides us two possible channel to follow.

We should focus on the small blue one instead the purple one.
The blue on is now telling us a possibility of 1300.

Those light blue arrow are what we are going to follow once more clues come out later.

1241-1216 WILL STILL BE POSSIBLE AFTER A DOUBLE TOP CONFIRMED. But this is not for next 1-2 weeks.

LESS IS MORE!

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