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FXProtector
Jul 27, 2015 8:29 AM

GOLD BROKE DESCENDING TRIANGLE. Where to buy it? 

Gold/U.S. DollarFXCM

Description

Gold just broke descending triangle last week. Personaly i expect retracment back to the triangle because there was nice bullish friday D1 candle pattern. After bounce from triangle i expect that price will turn to the upside in 1000$ zone...

Otherwise there are few other zones where to buy gold :
1. Around 1000$ as i said
2. Around 850$ (check chart)
3. Around 700$ (check chart)

But my main focus is to buy gold at 1000$ will look for W1,D1 candle pattern or hopefully double bottom!
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