SuperiorJG

Gold's Route to 2080+ resistance region

SuperiorJG Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
This pattern is maturing and showing indications that the 2080 resistance region will be met in due course. I believe we'll see more downside towards the bottom of this wedge to fully mature this pattern before moving (taking a long) towards our 2080 target. From there, a rejection can allow a short. A breakthrough can allow us to take a long position.
Comment:
3 hours after sharing and it looks like this wedge is playing out as expected. Buckle in! It is nearly time to long ;)
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