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newbie2016
Jul 16, 2016 2:12 PM

Gold as per 4hr Chart.. Long!!! Long

GOLD / U.S. DOLLARICE

Description

Gold is not over with upside but for short time its pace is now slow.. due to RESISTANCE TRENDLINE on Monthly Time Frame.

Comment

For today remaining below 1337 would be bearish and will bring more continuation and rising above 1337 will lead for 1350 and 1360

Comment

gold can hit 1331 and high today.

Comment

Going above 1334 is very bullish as it is neckline of double bottom... same old targets but now more upside likely..
Comments
ForexFitness
you got the right idea, lots of buying going on above $1300, I too see gold is very bullish on 4H, been buying in dips, if all goes poorly for worldy fiat currencies, we could really hit $2000 this year.
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