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xChampi0nx
Jan 14, 2016 5:05 AM

Gold looking bullish... Long

Gold/U.S. DollarFXCM

Description

Daily:
-Still below 100 wma
-in cloud
-Ha osc may see cross soon
-Prices bounced from Kijun and previous support

4H:Cloud held as supp
-HA osc above 0
-Only res now is Kijun and once it is cleared , we can see acceleration higher
-100 wma held as supp

If gold is going higher from here, expect more weakness in equities and carry currencies as it will be risk off scenario
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