CFDs on Gold (US$ / OZ)
Long
Updated

Bull flag on GOLD?

412
Hello

Gold is forming a bull flag. Target 2140-2180.

10EMA on daily is supporting the price nicely. As long as that holds, I'll stay bull.

$2075 is golds ATH were we can see some resistance.

Also gold has been forming this MASSIVE cup and handle for 11 years. Which would suggest that gold will go for a longer bull cycle. Maybe even double in a few years


Check out my january "I think bitcoins bottom is in" analysis


-Jebu
Note
Price can also go and take some more momentum from bottom of the flag ~$1934 or make a bear trap there
snapshot

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