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thesilverbullet

Short term gold idea

Long
Gold Spot / U.S. Dollar (FX:XAUUSD)  
thesilverbullet Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
Buy bottom of new ascending channel.
Comment:
TP1 was at 1330. Support will be now found around 1320. Looking to 1350 before end of January.
Comment:
TP2 1338. Support at the top of channel. Possible final push to 1350 area for this move? That longer term descending trend line will be interesting to watch.
Comment:
Watching for support at 1322. Exit any long positions.
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