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aceofswords
Sep 15, 2014 9:30 AM

GOLD needs a sustained break and hold above upper TL  Long

Gold/U.S. DollarFXCM

Description

GOLD needs a sustained break and hold above upper TL for Bulls to stand a chance of taking control. Above 1236.25 is a fair LONG shot
Comments
fximperija
That is a nice looking channel, mate. Throw in a 6MA [offset 4, price:low]. On channel break and closing above 6MA a signal for long, stops just below the low :)
fximperija
6MA - period 6, offset 4, applied to price low
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