justatrader
Long

Gold retracing to 1270

FX:XAUUSD   Gold/U.S. Dollar
1 hour chart time frame for gold             . Any upside should be likely limited to the 1250 - 1260 handle. Anticipating a hidden bearish divergence near this minor resistance which will see gold             fall back to 1228. If there is a bullish divergence here with the Stochs making a higher low, it would be the right signal to go long, targeting 1270.
Professional market analyst with a keen interest on futures. Love keeping an eye on the markets. Currencies, bonds, commodities. Combining technical analysis and the fundamentals. Contact me for more details.
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