TradingView
VisionFx
Sep 24, 2016 6:19 PM

Gold Long (Weekly Time Frame ) Long

Gold/U.S. DollarFXCM

Description

Gold Has broke our Wekkly downtrend move & is showing signs of Bullish momentum.

This pair came back down to retest weekly Support and ended last week with a Bullish Engulfment.

3rd touch to trendline seems to be holding as well

We should see this pair shoot to 1400 in weeks to come!

Stay Tuned :)

Comment

Look for Break!!!!
Comments
sulbas
Good point of view. dont u think that we have a couple of weeks before big move up
VisionFx
Yes this is the weekly chart so the move will take some time, but following the move on lower timeframes definately is a good choice!
More