Long GoldGold has worked its way up this long descending channel, It is now sitting just key support at 1194.
Two trades here
Plan long at 1198
stop below 1193
Take profit above previous spike high around 1220
about 5 day trade
Bigger trade
long at 1198
Stop below 1165 the August spike low
Take profit at 1280
about 10 to 15 day trade
Note ascending pitchfork is Schiff Fork
Descending fork is non standard and used only to show slope
