Pure Charting Analysis (no indicators, only Pure Logic and 10 years of Experience) for your attention.
* Gold has found a local Support around 1,480 - 1,490 after making a multi-week double top at 1,550. * This is a Buy Area for both, long-term and short-term run since more money flows into precious metals and gold market, so the bullish trend is gaining even more momentum.
Trade Signal
Buy anywhere around 1,500 Target: next round number at 1,600 Stop: if it happens and the price goes down 1,400-1,430 are, Buy more to average out. It won't get down much.
GOOD LUCK!
Yours, Market Wizzard
Trade active
Trade keeps in line with the forecast. Long is held.
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