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ran.wang.5095
Mar 16, 2016 2:48 AM

GOLD is forming technical bullish pattern Long

Gold/U.S. DollarFXCM

Description

Gold price is standing on a long-term bullish trend line after cup and handle pattern breakout. My bias is the price will receive support in the green area and then bounce to the upside. The first target is 1425 and second target is 1560.
Comments
ran.wang.5095
Now I think the assumed Bullish consolidation pattern is forming up, and it's time to see how strong it is to determine the momentum.
AlanSimpson
When would advise selling puts?
ran.wang.5095
1200-1170 level
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