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peter_jackson

What's In stall for GOLD

Long
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
peter_jackson Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Chart Patterns Gold
4
2
chartpattern gold
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.
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