roy_cuzin
Long

My Top Futures Trading Signal - Buy GOLD

FX:XAUUSD   Gold Spot / U.S. Dollar
The price of Gold             is on the rise ever since the begining of the year. According to the technical picture, the current upside trend is merely a correction to the major downside move coming from the record breaking highs of $1920 (at the end of 2011) to the low levels of $1046 (by the end of 2015). Since most corrections tend to correct at least 38.2% of the major move, that should place the price of Gold             at the level of $1391 - My price target for this Buy Signal.
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