Goldybug

GOLD - Small correction followed by gain later this week

Long
Goldybug Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Since the start of the year gold has followed a generally upbeat patterm.

I noticed that there are periods of correction where the price drops slightly.

By joining the peaks and creating rungs of the ladder I try to predict the future pattern this week.

A small potential gain which would net a scalper a small profit..

Good Luck. As ever my opinion only. Back up with your own research.

Goldybug
Comment:
It does indeed seem as if gold is following my prediction, for now at least. I hope that you entered the trade a good point and it continues to rise this week making you a nice profit by Friday. Good Luck and as ever please ensure you back up my opinion with your own research. Goldybug
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