Hello traders,
GOLD has risen 100 dollars last week.
This makes a very strong bullish candlestick on this weekly chart.
I would prefer to see this is the end of bearish trend for gold.
And right now, we should only wait for new entry signal to long gold. With the support 2 level marker out on this chart.
What will make this plan invalid is that another strong bearish candlestick appears to reverse the trend or at least make gold sideways for a while.
GOOD LUCK!
LESS IS MORE!
GOLD has risen 100 dollars last week.
This makes a very strong bullish candlestick on this weekly chart.
I would prefer to see this is the end of bearish trend for gold.
And right now, we should only wait for new entry signal to long gold. With the support 2 level marker out on this chart.
What will make this plan invalid is that another strong bearish candlestick appears to reverse the trend or at least make gold sideways for a while.
GOOD LUCK!
LESS IS MORE!
