TradingView
ProFX_Strategist
May 1, 2016 1:30 PM

Further Upside expected Long

Gold/U.S. DollarFXCM

Description

Gold has broken into a new high last Friday...

A bullish momentum has build-up from the consolidation process & finally breaking Gold out of it; now targeting 1300 imminently, & it will possibly try to move up higher from there on...

We should expect any dips to be a great buying opportunity for the market; when the sentiments will now turn into strong bullishness...

Trend is changed, we are buyers (no interest in selling)...

We would now be looking for the right time to buy & hold (when Gold finally turns into a longer-term buy & hold type of situation)...
More