GOLD, 240, Potential Risky Long

TVC:GOLD   CFDs on Gold (US$ / OZ)
I understand that this is a bit against all the SHORT indications, but there is a chance for it to go to that "green box" level. This is only if it will break the upper downward trend line . The big test will be around 1288-89 area. If it will hold resistance, then looking forward to the down side. But for now, I am bit leaning towards the up side, as this could be a nice surprise.

I went LONG at 1285, but I will be carefully watching the price action at 1288-89.

Stay sharp!


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