The gold has resumed its long term trend again and the current trendline keeps the bull rally intact.
- Overcoming the 1680 resistance the gold triggered its rally again. Last week was marked med term high at 1754 and the counter reaction was very moderate.
- The current upswing suppose to pick up speed very soon.
P.S. I Forgot to mention that (4)th wave looks truncated
Good luck trading!
No comments:
Post a Comment