GOLD Chart Everyone NEEDS To See!
Hello, Traders!
GOLD broke out of the bear flag, just as I predicted before,
And the falling stopped and reversed at the support confluence
Of the two falling support lines
And I think the bullish impulse might continue until Gold reaches the rising resistance
From where I think it will fall again.
Before this level is broken UP I will be bearish mid-term
IF you are already holding a long trade, take a look at Gold on 1H chart
It is forming a bear wedge which makes me suspicious about the further Upward potential
And If you are not in a position, wait to see if gold retest the resistance
Then, it would be a good idea to go short!
Sell!
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