peter_jackson

What's In stall for GOLD

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
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4
Possible head and shoulders set going on for CFD GOLD . Once second shoulder completes, we should be up and away to a new ATH . It's going to be a game of patience with this market.
Comment: If the price breaks the second shoulder patter, then the $1760 area is strong support and should get a double bottom bounce off the purple line. This in fact would make the chart pattern even stronger for the next Quarter.

Comments

great chart
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peter_jackson Michael_B99
@Michael_B99, Thanks Michael. Its playing out so far.....
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