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shung05
Mar 20, 2016 8:46 AM

trend continue  Long

Gold/U.S. DollarFXCM

Description

Trend is everything, keep simple mind, don't dig to much in technical analysis is my experience. Round bottom is a sign for a long term trend reversal. Once it reversed to bull, your action is only to believe it. Round bottom is different from cup and handle, no retest and no trigger point, therefore, it will make you puzzled except you are brave enough. Round bottom following the rising flag which may take one to two month to complete before next dramatic rise.

Comment

Believe it or not, I made huge amount of profit in gold by just one analysis -- round bottom. Trend continue.
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